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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
A’ 39/27.02.2006).
Yes
04/11/2005
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