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TAP Invites to Non-Binding Phase of Market Test

Source: www.gulfoilandgas.com 7/1/2019, Location: Asia

Trans Adriatic Pipeline AG (TAP) launches a Market Test, the commercial process through which natural gas shippers can get access to new, long-term capacity in TAP, thereby enabling the future expansion of the pipeline capacity.

TAP conducts its 2019 Market Test under the rules and procedures specified in the “Guidelines for the 2019 Market Test of Trans Adriatic Pipeline” (link), approved by the National Regulatory Authorities of Greece, Italy and Albania.

The Market Test process is an open, transparent and non-discriminatory procedure, enabling the access of third parties to TAP’s transportation system.

TAP’s Market Test is structured in 2 (two) main phases:
Non-binding phase: starting 1 July 2019.
Binding phase: expected to start earliest in Q2 2020.

TAP invites stakeholders and interested parties to express their interest in participating to the non-binding phase of the Market Test by submitting the documentation required at the e-mail address market.test@tap-ag.com, as indicated below:
By 26 August 2019, 17:00 (CET)
Registration and Non-Binding Demand Indication Form (and information therein requested) (link)
Attested Affidavit (link)
Confidentiality Agreement (link)
By 07 October 2019, 17:00 (CET)

Declaration of No Objection from the Authorities (link)
Procedural details regarding participation, the documentation required and deadlines for submissions may be found in the “Expression of Interest Notice for the Non-Binding phase of TAP’s 2019 Market Test” (link), supplementing the Guidelines for the 2019 Market Test of Trans Adriatic Pipeline.

In addition, TAP makes available a complete set of documentation for the Market Test and the link to the Capacity Allocation Mechanism Network Code.



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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

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