Italy, Greece to Sign Gas Pipeline Deal
Monday September 12, 11:20 am ET Italy, Greece to Sign Natural Gas Pipeline Deal in November
ATHENS, Greece (AP) -- Greece and Italy will sign an agreement on Nov. 4 in Rome for the construction of an underwater natural gas pipeline between the two countries, the Greek Development Ministry said Monday.
The underwater pipeline will be built by Depa, Greece's natural gas supplier, and Italy's Edison SpA
On June 24, Greek Development Minister Dimitris Sioufas and his Italian counterpart, Claudio Scagiola, signed a memorandum of understanding to connect their respective countries' natural gas networks.
The pipeline will eventually be linked via another pipeline across northern Greece to a third that is being built between Greece and Turkey. Together, the three pipelines will enable Caspian and Central Asian natural gas to be transported to Europe.
All three pipelines are part of the Southern Europe Gas Ring Project.
source:
http://biz.yahoo.com/ap/050912/greec...line.html?.v=1
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Tuesday, September 13th, 2005
Italy, Greece to Sign Gas Pipeline Deal
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