08.03.2021 / 11:30


Energy Markets

Pipelines and LNG

Western Europe Gas Supply (Major Pipelines)

Our next guests in the series of pipelines supplying Western Europe are part of the Southern Gas Corridor. In terms of pipeline age, these two are brand-new and transport gas from gas field Shah Deniz in the Caspian Sea to Italy crossing Turkey, Greece, and the Adriatic Sea. According to current supply contracts, 6 bcm exit TANAP in Turkey and 2 bcm exit TAP in Greece. Volumes exiting in Greece are dedicated to Greece (1 bcm) and Bulgaria (1 bcm). As a rule of thumb, 1 bcm natural gas is equivalent to approximately 10 LNG carriers at a capacity of 165,000 cubic meters.

Please welcome the most recently completed pipelines in this series: TAP (Trans Adriatic Pipeline) and TANAP (Trans Anatolian Pipeline)

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