Gas will play central role in energy mix in coming years, Luca Schieppati, TAP Managing Director, said, Trend reports citing TAP AG consortium.

Azerbaijan gradually takes an advantage in the world gas market against a background of rising demand for this raw material. Since the beginning of the 2000s, the prospects of natural gas production in Europe are declining and this creates great opportunities for Azerbaijani gas to expand presence in the European market.

Azerbaijan, which is an important supplier of natural gas in the Caspian Sea region, particularly to European markets, keeps increasing its gas exports.

It is planned to launch market test for the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, this summer, Trend reports citing Marija Savova, Head of Commercial at TAP AG.

The compressor station, being build as part of the Trans Adriatic Pipeline (TAP) project near Fier, Albania is more than 85 percent complete, Trend reports citing TAP AG consortium.

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, Trend reports citing the US Energy Information Administration (EIA).

The implementation of the Trans-Anatolian gas pipeline (TANAP) and Trans-Adriatic pipeline (TAP) projects will be discussed during the visit of Greek Prime Minister Alexis Tsipras to Turkey, Trend reports via Turkish media.

TAP AG, the consortium engaged in construction of the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, has requested Albania’s Energy Regulatory Entity (ERE) to issue a license for natural gas transmission, monitor.al reports.

Question: How would you sum up the results of 2018 in the implementation of the TAP project?

TAP AG, the Trans-Adriatic Pipeline operator, has signed a contract with Petrofac, which is a London-based service provider for major oil and gas companies in the world.