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European Commission to examine compliance of Russia’s new gas supply plans with EU strategy

Oil&Gas Materials 17 March 2016 17:43 (UTC +04:00)
The European Commission will examine the compliance of Russia’s new plans regarding the gas supply to Europe through the Black Sea with the EU strategy.
European Commission to examine compliance of Russia’s new gas supply plans
with EU strategy

Baku, Azerbaijan, March 17
By Aygun Badalova - Trend:

The European Commission will examine the compliance of Russia's new plans regarding the gas supply to Europe through the Black Sea with the EU strategy, Vice-President of the European Commission for Energy Union Maros Sefcovic said in an interview with Greek news website Capital.gr.

Russia's Gazprom company, Italy's Edison SpA and Greek gas company DEPA SA
signed a memorandum of understanding in late February on deliveries of Russian natural gas through third countries to Greece and from Greece to Italy via an undersea pipeline in the Black Sea.

For this purpose, the sides are planning to use to full extent the results of work that has already been completed by Edison and DEPA under the ITGI Poseidon project (Interconnector Turkey-Greece-Italy). They will carry out the project's feasibility study by late 2016.

"We have taken note of the intention of DEPA and Edison companies, in collaboration with Gazprom, to build a new pipeline from Bulgaria to Greece with the main objective of bringing Russian gas to Greece and Italy," he said.

The European Commission will examine the project carefully, both in terms of its compatibility with the EU΄s Energy Union strategy and in particular its energy security and diversity of supplies strategy, as well as compatibility with EU law, Sefcovic added.

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