ECONOMY

Northern Greek pipeline corridor etched out

Natural gas pipeline project TAP said on Monday that it has outlined the best route for the 190 kilometre stretch running through Greece after completing detailed studies on the proposed link.

TAP, Trans Adriatic Pipeline, said that it held 63 meetings with authorities at all levels, local companies and non government organisation to obtain their feedback on various pipeline alternatives.

?As a result, TAP identified a preferred two kilometre wide corridor that has the least impact on the environment, local communities and cultural heritage sites,? it said in a statement.

The Greek stretch will start in Nea Mesimvria near Thessaloniki and extend to the Greek Albanian border, north of the town of Dipotamia.

In April, TAP will meet again with local authorities to validate the proposed corridor, it added.

The project aims to transport natural gas from the Caspian region via Greece and Albania and across Italy to western Europe. TAP?s shareholders are Swiss EGL, Norwegian Statoil and German E.ON Ruhrgas.