Wednesday October 22, 2014 Search
Weather | Athens
24o C
14o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece launches tender to assess pipeline for Cypriot and Israeli gas

Greece launched an international tender on Monday for a study to assess the feasibility of a proposed pipeline to transmit gas from Israel and Cyprus in an effort to reduce dependence on Russian supplies.

The Eastern Mediterranean Pipeline is designed to initially carry 8 billion cubic meters a year of Israeli and Cypriot gas.

It would stretch from Israel's Leviathan natural gas field to Greece and onto European markets through the IGI-Poseidon pipeline, led by Italian utility Edison and state-controlled Greek utility DEPA.

The European Commission has said Cypriot gas could play an important role in diversifying supplies but its development is complicated by the long-standing rift between Cyprus and Turkey. The pipeline would pass through disputed waters.

Greece's Energy Minister Yiannis Maniatis said there was European interest in creating a new energy corridor, adding it could also reduce energy costs in the recession-hit country.

He said the project was "one more step towards turning Greece into the main gateway to Europe for gas from the Caspian Sea, the Middle East and the southeastern Mediterranean."

The most high-profile non-Russian gas project is one to ship Azeri natural gas from the Shah Deniz field, which has become a contest between the Nabucco West project into Austria, led by OMV and the Trans Adriatic Pipeline into Italy, led by Switzerland's AXPO and Statoil. [Reuters]

ekathimerini.com , Monday March 10, 2014 (15:34)  
PPC gets approval for two wind parks in Rodopi
ECB cools speculation over bank health checks ahead of results
Greeces NBG says Turkish unit to issue new shares
At least 11 banks to fail European stress tests, three in Greece, report says
Parliament votes to lift parliamentary immunity of GD MP
The Greek Parliament has voted to lift the parliamentary immunity of Golden Dawn MP Artemis Matthaiopoulos to face charges of robbery. During a vote Wednesday, 198 of the 203 deputies presen...
Ancient Greek well yields rare wooden statue
Archeologists in Greece have uncovered a rare wooden statue preserved in the muddy depths of an ancient well in Piraeus, the port of Athens. A Culture Ministry statement said Tuesday that th...
Inside News
BASKETBALL
PAOK fans stop coach Markopouloss move to Olympiakos
Olympiakos is once again in the lookout for a new coach after the refusal of PAOK to release Soulis Markopoulos, while Panathinaikos defeated Kolossos on Rhodes on Monday to become the only ...
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
Inside Sports
COMMENTARY
Careful what you wish for
Everyone is in a rush to become prime minister in this country, as if they have not learned a single thing from its political history. While still in opposition, PASOKs George Papandreou ma...
EDITORIAL
Taking care of our key industry
Its time to face facts: Tourism is the countrys heavy industry. The sectors considerable contribution has served as a stabilizing factor for the local economy, essentially placing the cou...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Parliament votes to lift parliamentary immunity of GD MP
2. PPC gets approval for two wind parks in Rodopi
3. ECB cools speculation over bank health checks ahead of results
4. Ancient Greek well yields rare wooden statue
5. Turkey to continue seismic surveys, Davutoglu says
6. EUs Juncker wins Commission-team approval with investment vow
more news
Today
This Week
1. At least 11 banks to fail European stress tests, three in Greece, report says
2. Cyprus to block Turkey's EU talks after EEZ violation
3. Junckers EU commission team set for parliamentary green light
4. Taprantzis resigns from privatization agency TAIPED
5. EUs Juncker wins Commission-team approval with investment vow
6. EU's Juncker pledges investment plan for jobs
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. Coalition shooting itself in the foot
4. Greece must stick to reforms, says Schaeuble
5. GPO poll gives SYRIZA clear lead over New Democracy
6. Greeces closed society is central to its current malaise
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.