EU keeps EastMed gas pipeline dream alive
© FinancialMirror 2024
The European Commission has maintained a proposed pipeline connecting the gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its new list of Projects of Common Interest (PCI) published.
Projects included in the PCI list have access to a fast-track permitting process and special funding.
Energy group Edison and Greece’s DEPA International Projects are the sponsors of the project through their joint venture IGI Poseidon.
The joint venture still has to make a final investment decision (FID) on the pipeline , which...
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Article automatically added to our system on Wednesday, November 29, 2023
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