TAP may increase gas pumping by another 1.2 bcm/a by 2026

The implementation of the first level of the TAP expansion project is estimated at 132 million euros, TAP AG Managing Director Luca Schieppati said in an interview with Report.

"The 2021 Market Test was completed earlier in 2024 and it resulted in binding commitments, which will add another 1.2 bcm/a to the pipeline capacity by 1 January 2026," he said.

Schieppati noted that TAP is proceeding with the relevant works required for making the incremental capacity available to the market, in line with the commitments received.

"TAP will add one compressor unit (ca 15MW) to the existing compressor station in Kipoi (Alexandroupolis area), at the Greek border with Türkiye and upgrade the facilities there. The completion of these works will mark significant progress towards our goal of making the additional long-term capacity available at the start of 2026. This is the first level of the expansion project, and it is financed by TAP’s own funds. The budget for the project is approximately 132 million euros," he said.