ECONOMY

Natural gas pipeline deal put on paper

Greece, Bulgaria and Italy yesterday signed the agreements for the establishment of the companies to undertake the planning, construction and operation of the Greek-Bulgarian natural gas pipeline IGB which will link the Greek town of Komotini with the Bulgarian one of Stara Zagora. The agreements were signed in the presence of Greece’s Environment and Energy Minister Tina Birbili (third from left), Bulgaria’s Economy and Energy Minister Traicho Traikov (second left) and Italy’s Deputy Minister for Energy Stefano Saglia on the sidelines of the two-day conference ‘Energy in Southeast Europe,’ organized by the European Investment Bank in Thessaloniki. Birbili said the target is for the project, budgeted at 150 million euros, to be ready in two years’ time.