AzerNews: TAP allows to create new gas markets and enhance energy security: source

The Trans Adriatic Pipeline has the potential to create new gas markets and to enhance energy security in South East Europe, a source at the TAP told Azerbaijan's Trend news agency amid the increasing support for the realization of Nabucco, which lost in a competition to transport Azerbaijani gas to Europe.

According to the source, this could be done through agreements with other pipeline system operators and national governments, and its commitment to channel a proportion of TAP's capacity into the South Eastern European region.

In late June, the consortium of Azerbaijani Shah Deniz field development announced the selection of TAP as the route to transport its gas to Europe. Another pipeline which was vying for Azerbaijani gas transportation to Europe was Nabucco West.  

Recently, EU diplomats voiced belief that the Nabucco gas pipeline could be constructed, noting that Nabucco West and TAP are among the projects considered significant to more than one EU nation and entitled to accelerated planning approval as well as consideration for money from the EU budget. MORE