TAP certified as Independent Transmission Operator
Ian Bradshaw, Managing Director at TAP, said: “I am very pleased with the overall progress of the TAP project. In addition to awarding our main strategic contracts and the arrival of the first line pipes in Albania, the ITO certification is another important milestone, enabling us to continue the project execution as planned. I would like to thank the three National Regulatory Authorities, the European Commission and the Energy Community Secretariat for their excellent cooperation throughout this process.”
In 2013, TAP secured an exemption from certain provisions of the EU Gas Directive (2009/73/EC), including an exemption for ownership unbundling for a period of 25 years.