Interconnector Turkey–Greece–Italy

Russian energy giant Gazprom has said it signed a memorandum with Italy's Edison SpA and Greece's DEPA SA on gas deliveries.

Control Engineering OOD is to consult and conduct construction supervision activities for the Bulgaria-Serbia gas grid interconnector project, according to reports of Bulgaria's Energy Ministry.

Negotiations with Russia on the Turkish Stream natural gas pipeline project have been suspended after Moscow failed to sign off on a key gas price discount agreement, Turkish officials told Reuters on July 30.

Russia and Greece signed on Friday an intergovernmental cooperation memorandum on the construction of a continuation of the Turkish Stream pipeline on Greek territory.

The document was signed by Russian Energy Minister Alexander Novak and his Greek counterpart Panagiotis Lafazanis during the Saint Petersburg International Economic Forum (SPIEF).

Washington increased the pressure on Athens on Friday to concentrate on the completion of the Trans-Adriatic Pipeline (TAP) rather than devote efforts toward the extension of the planned Turkish Stream pipeline so it runs through Greece.

Greece wants to become a "pluralistic energy hub in the region" with a multi-level and independent energy policy based exclusively on national interests, cooperation and energy security in the region and Europe," Energy Minister Panagiotis Lafazanis said on Friday after talks with Amos Hochstein, a US special envoy for international energy relations.

The boss of Russian energy giant Gazprom will meet Greece?s prime minister in Athens on Tuesday, after reports that the two parties are set to sign a pipeline deal in which Russia would make billions in an advance payment to cash-strapped Greece.

The construction of the second Bulgaria-Greece gas pipeline interconnection (IGB Pipeline) may start in March 2016, according to reports of Bulgaria's Energy Ministry.

Russia's Energy Minister Alexander Novak on Friday urged Bulgaria to issue in timely manner all permits relating to the construction of the seabed section of the South Stream gas pipeline project.

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The European Commission revealed that no legal framework existed for compensating Bulgaria due to Russia's announced cancellation of the construction of the South Stream pipeline.

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