would
be launching a study to check if it is feasible to build a pipeline
that will transport natural gas from deposits in the Eastern
Mediterranean (
The project “Eastern Mediterranean Pipeline” promoted by
DEPA, in collaboration with the Ministry of Energy, Commerce, Industry
and Tourism of Cyprus and has been identified as a common interest
project by the European Commission.
According to the original design, the pipeline will have a capacity
of 8 billion cubic meters per year and will consist of the following
parts:
a) A 150km underwater section from the deposits to Vasiliko, Cyprus
b) A 650km underwater section from Vasiliko to the shore of eastern Crete
c) A 400km underwater section from Crete to the South-East coast of Peloponnese
d) A 260km land section running across Peloponnese
e) An underwater section crossing the Gulf of Patras and finally
f) A 220km land section from the shore of Aetolia-Acarnania to Thesprotia
The feasibility study will provide more detailed technical data
regarding the construction and operation of the pipeline, as well as the
necessary economic and commercial considerations in relation to its
sustainability. The total cost will be covered by DEPA and other
companies, which have shown interest in the project, or organizations
involved in the exploration and exploitation of natural gas in the basin
of the southeastern Mediterranean. Meanwhile, DEPA is also seeking some
funding from the EU.
The Greek Minister of Environment, Energy and Climate Change, Yiannis
Maniatis said: “The Eastmed pipeline is a reliable alternative solution
for the extraction of natural gas from SE Mediterranean to European
countries. This is proven by the strong European interest in creating a
new energy corridor. The positive results are obvious. The Greek economy
and Greek consumers will still enjoy lower energy costs, while the
country will take on an upgraded and powerful role in the international
energy scene.”
- See more at:
http://greece.greekreporter.com/2014/03/10/depa-studying-gas-pipeline-feasibility-in-se-mediterranean/#sthash.SmtWWE3Y.dpuf
Link to source:
http://greece.greekreporter.com/2014/03/10/depa-studying-gas-pipeline-feasibility-in-se-mediterranean/
Link to related source:
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_10/03/2014_538034
The Greek Environment Ministry announced today that DEPA would
be launching a study to check if it is feasible to build a pipeline
that will transport natural gas from deposits in the Eastern
Mediterranean (Cyprus and Israel) through Crete and mainland Greece to the rest of Europe.
