The Trans Adriatic Pipieline AG (TAP) launching an “Expression of Interest”, a first, non-binding phase of the market test

abarrelfullabarrelfull wrote on 18 Jun 2012 06:09
Tags: albania europe italy pipeline tap

Latest News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/\/feed\/pages\/pagename\/blog%3A_start\/category\/blog\/limit\/10\/t\/My+Blog","limit":"3","module_body":"* %%linked_title%%"}}
  • Want a weekly review of refining news?

The Trans Adriatic Pipieline AG (TAP) is today launching an “Expression of Interest”, which is a first, non-binding phase of the market test. This means that all interested parties including transmission system operators (TSOs) and relevant institutions (governments, ministries of EU Member and non-Member States, financial institutions), as well as market operators, are invited to express to TAP their interest in contracting capacity, or in connecting to the TAP pipeline, or to submit data and information to the Authorities in order for the Authorities to assess the five criteria set out in Article 36.1 of the Directive.

In accordance with Article 36.6 of the Directive 2009/73/EC, before deciding upon the exemption requests by TAP AG, the Authorities may decide upon rules and mechanisms for management and allocation of capacity. The rules require a market test to be implemented in order that the Authorities can fully assess and apply the criteria for exemption as laid down in Article 36.1 of the Directive 2009/73/EC.

In accordance with the "Guidelines for management and allocation of capacity to the Trans Adriatic Pipeline (TAP) Project as jointly approved by the national regulatory authorities of Albania, Greece and Italy (the Authorities), TAP is performing a market test which is open to all interested parties as defined in Article 6.1 of the Guidelines. The market test is structured in two phases:

  1. Expression of Interest phase
  2. Booking phase

The timeline of the Expression of Interest Phase will be in line with following indicative timetable:

  • Start of Expression of Interest phase - 15 June 2012 - 09.00 CET
  • Opening of TAP e-room - Upon confirmed registration in the Expression of Interest
  • Registration Deadline - 10 August 2012 - 17.00 CET
  • Expression of Interest Deadline, Deadline for submission of data and information to the Authorities and close of access to TAP e- room - 15 August 2012 - 17.00 CET
  • Summary of results evaluation by TAP AG to Authorities, (In accordance with Article 7 of the Guidelines) - 30 August 2012
  • Opinion by the Authorities - 29 September 2012
  • TAP AG written response to participants - 9 October 2012

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License