The agreement will open TAP’s future transportation capacity marketing activities on the PRISMA platform, where transmission system operators, storage system operators and shippers market gas capacity at market levels.
PRISMA said the agreement is in line with its 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 the PRISMA platform, a crucial pathway has been added that will ensure the diversity of energy supplies in Europe.
PRISMA Managing Director Goetz Lincke said TAP joining PRISMA will add an essential new step towards ensuring effective integration and competition through PRISMA’s “well-established position at the heart of transnational markets.”
TAP Managing Director Luca Schieppati added the project is now more than 94 per cent complete, meaning the company is continuing to focus on operational readiness and the start of commercial operations towards 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,” he said.
For more information visit the PRISMA website.
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