MILAN, Jan 25 (Reuters) - The Trans-Adriatic Pipeline (TAP)
is ready to expand its capacity one year in advance if needed to
meet market demand, Managing Director Luca Schieppati told
Italian daily Il Messaggero in an interview published on
Tuesday.
"We offered to the market to speed up the timings... We are
willing to expand our capacity one year in advance, also because
we already have the go ahead of the regulatory authorities,"
Schieppati told the paper, adding TAP was ready to sign
transport contracts from Oct. 1 should the market ask for it.
TAP is the final leg of a $40 billion project named the
Southern Gas Corridor. TAP stakeholders are BP, SOCAR,
and Snam, with a 20% holding each, plus Fluxys
with a 19% stake, Enagas with 16%, and Axpo
with 5%.
(Reporting by Agnieszka Flak, editing by Giulia Segreti)