Gazprom invests in Greece

The Greek-Russian cooperation in energy issues dominated the meeting between Prime Minister Alexis Tsipras and the head of Gazprom Alexei Miller on Tuesday 21 April 2015. The main issue of the discussion was the new pipeline that will bring natural gas from Turkey via Greece to Central Europe. The meeting between Tsipras and Miller took place at 16.00. Earlier in the day, at 14:00, Miller had a meeting with Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis. The investment for the construction of the Greek section of the pipeline is estimated at 2 billion euros and its implementation will improve the supply safety for the Greek market, create new work positions and upgrade geopolitically the country. During the discussions, they raised the issue of the current natural gas supply contract of Gazprom. Meanwhile, Lafazanis on Wednesday will visit Sofia to participate in a trilateral ministerial meeting of Greece, Bulgaria and Romania to promote the so-called “vertical” pipeline aiming at identifying new sources of natural gas supply for the countries of the region, including the Greece – Bulgaria (IGB) pipeline with capacity up to 5 billion cubic meters per year, the construction of which is expected to begin in 2016.

via Athens\Macedonian news agency

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