TAP launches market test
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
Opening of TAP e-room
Upon confirmed registration in the Expression of Interest
10 August 2012
Expression of Interest Deadline,
15 August 2012
Summary of results evaluation by TAP AG to Authorities
30 August 2012
Opinion by the Authorities
29 September 2012
TAP AG written response to participants
9 October 2012
Please find below the Expression of Interest Notice (EOI) with information on how to participate, contact details and application forms as well as other relevant details.