The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe
Europe needs new sources of gas to meet its long-term energy demand, replace its own declining energy production, fuel economic growth and diversify energy supply.
Natural gas is expected to play an increasingly important role in the European energy mix for decades to come. As the cleanest fossil fuel, it has clear environmental advantages over other energy sources such as coal and oil. Also, it provides an important and flexible energy option in conjunction with renewable energy.
The proven energy resources in the Caspian present an enormous opportunity for Europe to meet its energy challenges.
With economic growth generating increasing energy demand, and a collective aspiration for EU membership, South East Europe will also need a more environmentally balanced energy portfolio that includes gas.
With gas supply routes already connecting European markets to supplies in Russia, Africa and the North Sea, the new energy corridor from the Caspian will ensure a diversity of gas supply and reduce the risk of over-reliance on a single energy source. It will help to open a new transportation route and provide a new source of gas for Europe.
The pipeline is the western section of the Southern Gas Corridor, a complex value chain of energy projects that links natural gas supplies from the second development stage of the Shah Deniz field in Azerbaijan to Europe.
Many countries in South East Europe are solely dependent on a single source for their gas, leaving them extremely vulnerable to disruptions in supply and uncompetitive pricing. Some other countries in the region, like Albania, are not even on the gas grid. They rely on coal and oil to meet their energy needs.
TAP will pave the way for new sources of energy to enter these markets and promote development of their energy sectors.
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