TAP launches 2021 market test

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TAP launched a new market test to allow natural gas shippers to express interest, and in a later phase, secure access to new, long-term capacity in TAP, thereby enabling the future expansion of the pipeline capacity, APA-Economics reports citing TAP website.

The market test will be conducted in two main phases: a non-binding phase, starting on 12 July 2021, followed by a binding phase, expected to start earliest in the summer of 2022.

The market test is conducted under the rules and procedures specified in the Guidelines for the 2021 Market Test of Trans Adriatic Pipeline, approved by the National Regulatory Authorities of Greece, Italy, and Albania.

Stakeholders and interested parties can express their interest in participating in the non-binding phase of the market test by submitting the documentation required to [email protected].