proposed pipelines & infrastructure proposed pipelines & infrastructure
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Proposed Pipelines & Proposed Pipelines & InfrastructureInfrastructure
Proposed Pipelines & Proposed Pipelines & Infrastructure Infrastructure
The Southern Corridor remains the most advanced project connecting
South East Europe and Italy.Environmental and regulatory
framework in place.
Interconnector Greece - Bulgaria (IGB): it will supply up 3-5bcma
A planned Floating Storage and Regasification Unit (FSRU) in Northern
Greece will allow LNG to flow to Europe.
Italy
Croatia
Romania
Bulgaria
Russia
TurkeyGreece
Montenegro
B&H
Slovenia
Serbia
FYROMAlbania
Hungary
Kosovo
LNG
LNG
TAPSouth StreamNabucco WestEast MedIGI PoseidonIGI Onshore
IGBOther InterconnectorsLNG Terminal
IGI
The East Med Pipeline connecting Cyprus and Israel to the EU. An
offshore pipeline from the fields of Eastern Mediterranean may connect these newly found sources to Europe
opening a New Energy Corridor.
The East Med Pipeline connecting The East Med Pipeline connecting Cyprus-Israel (& Egypt?) to the EU Cyprus-Israel (& Egypt?) to the EU
The construction of the pipeline is technically feasible.
The pipeline will be able to carry around 8bcma and will have a length of around ~1100km.
The estimated transportation tariff of the pipeline is almost one third of the respective
tariff for an LNG terminal. Transportation tariffs remain much lower even for delivery of gas to
Italy and SEE.
The pipeline will supply natural gas to Crete spurring development in new markets.
The pipeline can link with the ITGI/TAP system.Gas from East Med will access the SEE and
Italian markets at competitive prices
East Mediterranean gas will play an important role as the EU incorporates this newly found
source into it’s energy policy.
East Med
The Greece - Bulgaria The Greece - Bulgaria Interconnector Interconnector
IGB acts as a gateway to SE through Greece, which is situated at the crossroads of all the new sources
IGB will be carrying 3bcma, scalable up to 5 bcma.
IGB:•Has received the EIA permits in Greece and Bulgaria •IGB in cooperation with the 2 NRAs has launched its Market Test while updating its business plan and financial structure, taking into consideration the mandate signed with EBRD.•FID is scheduled to be taken soon
IGB’s regional significance has been reaffirmed by the EU, receiving a €45million grant through the
EEPR framework.
IGB’s national importance has been announced by both the Greek and Bulgarian governments. Italy
Croatia
Romania
Bulgaria
Russia
TurkeyGreece
Montenegro
B&H
Slovenia
Serbia
FYROMAlbania
Hungary
Kosovo
LNG
LNG
TAPSouth StreamNabucco WestEast MedIGI PoseidonIGI Onshore
IGBOther InterconnectorsLNG Terminal
IGI
The Aegean LNG terminalThe Aegean LNG terminal
The planned FSRU in Northern Greece will allow SEE region to have easier access to more LNG capacities
(in addition to the existing LNG terminal in the Greek island of Revythousa ).
The Aegean LNG will be able to send out 5 bcma into Greece and from there, in conjunction with IGB and
other interconnectors, to SE, Turkey and Italy
The Aegean LNG:Comprises the floating facilityIt is located at Kavala where DEPA possesses property rightsWill have a storage capacity of 150,000m3
Technical Feasibility established:
Technical development progressing beyond completed feasibility.EIA study under process Natural gas may flow from the Aegean LNG terminal soon.
Italy
Croatia
Romania
Bulgaria
Russia
TurkeyGreece
Montenegro
B&H
Slovenia
Serbia
FYROMAlbania
Hungary
Kosovo
LNG
LNG
TAPSouth StreamNabucco WestEast MedIGI PoseidonIGI Onshore
IGBOther InterconnectorsLNG Terminal
IGI
The strategic role of Greece in Europe’s security of Energy
supply
LNG
Caspian/
Middle East
East Med
South Strea
m
Italy
South Europe is a key market for some of the new sources of gas, including the Caspian and the Eastern Mediterranean, because of:•its proximity to the source•its potential for growth
Greece is instrumental in the developments in SE because of its
advanced stage plans (LNG terminals etc.)
Greece is:•Closest to ALL of those sources•An open market with free competition