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PRISMA announces the launch of TAP on the platform

Published by
World Pipelines,


On 31 March, PRISMA European Capacity Platform GmbH and Trans Adriatic Pipeline (TAP) AG signed an agreement that will open up TAP´s future transportation capacity marketing activities on the PRISMA platform, where transmission system operators, storage system operators and shippers market gas capacity at both primary and secondary market levels.

PRISMA’s agreement with TAP is in line with our aim to establish a fair and transparent market by facilitating the integration and security of gas capacity trade. By making the European section of the Southern Gas Corridor available on our platform, PRISMA adds a crucial pathway to ensuring the stability and diversity of energy supplies in Europe.

TAP is an EU Project of Common Interest (PCI), contributing to the consolidation of the European energy market. By making use of the single platform, offering harmonised and common standards and procedures for capacity booking, TAP will help further the integration of European markets. “TAP joining PRISMA will add an essential new step towards ensuring effective integration and competition at the European gas market through PRISMA’s well-established position at the heart of transnational markets”, said Goetz Lincke, PRISMA’s Managing Director.

Luca Schieppati, TAP Managing Director, added: “With the TAP project now more than 94% complete, we continue to focus on operational readiness and the start of commercial operations within the end of the year. TAP will bring a new source of gas into Europe, contributing to a more diversified and secure energy mix and our collaboration with PRISMA is a key element in enabling our service offering”.

Read the article online at: https://www.worldpipelines.com/business-news/29062020/prisma-announces-the-launch-of-tap-on-the-platform/

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Europe pipeline news TAP pipeline news