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    Novinite: TAP Gas Project's Capacity 'to be Doubled'

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Summary

Shareholders in the Trans Adriatic Pipeline designed to carry gas from Azerbaijan to Europe via Turkey and Greece, are working to double its capacity

by: Sruthi

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Press Notes

Novinite: TAP Gas Project's Capacity 'to be Doubled'

Shareholders in the Trans Adriatic Pipeline designed to carry gas from Azerbaijan to Europe via Turkey and Greece, are working to double its capacity, a Greek daily reports.

Their move comes against the background of Russia's decision to botch the South Stream project announced last week, Kathimerini writes.

It cites information reportedly provided to the EU Commission and the government in Athens to claim that BP, the concern heading the consortium that controls tha Shah Deniz deposit in Azerbaijan, is intending to boost the prospective pipeline's capacity from 10 to 20 billion cubic meters a year, a twofold increase.

The move was originally planned for a second stage of the gas field's development, but BP supposedly aims to achieve this capacity from the very beginning of deliveries through TAP in 2020.
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