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Benefits

Main Driver

Market Demand

Main Driver Explanation

Benefit Description

The project, together with Greece-Italy interconnector offshore project (sponsored by 3rd parties) will establish one more energy corridor between Asian,

Middle Eastern and Eastern Mediterranean gas sources and European consumers. The project aims at enhancing the diversification of supply routes at a

European level and possibly, depending on the source of gas to be transmitted, the diversification of supply sources thus contributing to the improvement

of the Security of Supply level in the region of South Eastern Europe.

Barriers

Barrier Type

Description

Market

Lack of market support

Intergovernmental Agreements

Agreement

Agreement Description

Is Signed Agreement Signature Date

Intergovernmental Agreement between

Greece and Italy for the implementation of

the Interconnection Greece Italy.

The Agreement was ratified by the Greek Parliament in 2006 (Law 3441/Government Gazette

Yes

04/11/2005

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Current TYNDP : TYNDP 2017 - Annex A