Worrisome plans of Gazprom to join the Trans-Adriatic Pipeline

GazpromAt the end of January during the energy conference in Vienna, the deputy head of Gazprom Alexander Medvedev shared about the opportunities to flow Russian gas through the Trans Adriatic Pipeline (TAP). Then the company operator of the project said they are open to all potential suppliers. But the application of Gazprom sounds embarrassing for Europe, as this is absolutely opposite of agreements of Brussels.

Trans Adriatic Pipeline (TAP) is part of project for the Southern Gas Corridor, which is in particular diversification of gas supplies from Russia. The plans provides from pipes to flow gas from the Caspian region.

Gazprom asked whether Azerbaijan would be able to fill the capacity of the Southern Gas Corridor and offer to join the project, filling the remaining quantity through the pipe. In this way, however, the company will consolidate its dominance in terms of gas supply, particularly in Central and Eastern Europe. Some of them are totally dependent on Gazprom, as single gas supplier.

Technically Russia can easily join the TAP – by Turkish Stream. The project envisages the construction of yet two pipes under the Black Sea. One of them may be directed to Europe through the hub on the border between Turkey and Greece. TAP passes through Greece and Albania to the southern shores of Italy. But before that connects to the rest of the Southern Gas Corridor – Trans-Anatolian pipeline (TANAP), which passes through Turkey.

With projects, such as the extension of the “Nord Stream” and “Turkish Stream”, Moscow is trying to keep its market share in Europe. Gazprom carefully analyze the potential competitors and has already admitted that in the near future liquefied gas from the US could be a threat to her. In addition, they may submit plans for the extraction of gas from the Mediterranean Sea and the richest deposits found in the region.

Moscow has already made progress on the gas card there with participation of Rosneft in the development of one of the most promising fields in the Mediterranean – Zohra.