Interconnector Turkey–Greece–Italy

Energy group Edison plans to take the final investment decision (FID) on a proposed pipeline to deliver East Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters.

The establishment of a single company that will take over on behalf of the Greek state both the rights of exploration and exploitation of hydrocarbons and the participations of DEPA in the international pipelines of natural gas is expected to be announced tomorrow morning by the Prime Minister Kyriakos Mitsotakis.

At noon at the under construction (double) measuring station of IGB in Komotini and the pace of work in progress has hit "red", with cars belonging to the constructor, AVAX, constantly coming and going in the area, transporting workers and raw materials.

An agreement between Greece and Bulgaria concerning the IGB natural gas pipeline project (Gas Interconnector Greece-Bulgaria) was tabled in the Greek Parliament on Tuesday.

The agreement includes mutual commitments for the construction of the gas pipeline and for the transportation of gas after the project has been completed.

Greece's state-controlled gas utility DEPA announced on Thursday that Greece started receiving natural gas from the Trans Adriatic Pipeline (TAP) after the completion of its construction in December.

DEPA signed a 25-year gas supply contract with TAP in 2013 for the supply of natural gas from the Shah Deniz field in Azerbaijan.

An international agreement to build the EastMed gas pipeline, which will carry natural gas from the East Mediterranean to Europe through Greece, was submitted to Parliament on Tuesday for ratification.
The agreement was signed by Greece, Cyprus and Israel on January 2, 2020, in the presence of the leaders of the three countries.

A joint venture between Greek utility DEPA and Italy's Edison is seeking to shortlist two contractors to build part of a pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe, DEPA said on Thursday.

The Greek government said on Dec. 22 that it will sign an agreement for a huge pipeline project with Greek Cyprus and Israel on January that is designed to ship gas from the eastern Mediterranean to Europe.

Israel Natural Gas Lines (INGL) is looking at building a natural gas pipeline to Europe under a memorandum of understanding signed with IGI Poseidon, it said on Tuesday.
The mooted EastMed pipeline could carry about 10 billion cubic meters of gas a year from the Eastern Mediterranean to Cyprus, Greece, Italy and other European markets.

Several gas-to-gas agreements between Bulgaria and Greece have been signed in Sofia. The treaties were signed by the line ministers of the two countries - Temenuzhka Petkova, Konstantinos Hatzidakis, shareholders, the European Investment Bank and BEH.

The two ministers also signed an additional tax regime agreement for the pipeline for 25 years.