ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Main Report

6.2 Other large projects

A Two projects also competing for the transportation of the Shah Deniz II gas

The following two projects were also competing for the transportation of the Shah Deniz II gas but were not selected by the Consortium having the rights to exploit the field. Although they are presently on hold they might resurface in the future, possi- bly with a different definition, depending on the developments of the gas upstream in the Region.

IGI-Poseidon (TRA-N-010)

The Interconnector Greece– Italy and Poseidon project consisted of a new offshore pipeline that would connect the westwards extension of the Greek transmission system with the Italian one. The main objective of the IGI-Poseidon project was to complete, in conjunction with DESFA’s project Komotini-Thesprotia pipeline (TRA-N-014), the natural gas corridor through Turkey, Greece and Italy (Intercon- nection Turkey Greece Italy – ITGI), enabling Italy and the rest of Europe to import natural gas from the Caspian Sea and the Middle East. This way it would contribute to the security and diversification of European energy supply. The design capacity of the IGI-Poseidon project was over 8 billion cubic meters per year. The project sponsors intend to keep the project alive, looking forward to undertaking the trans- portation of natural gas, from the Eastern Mediterranean offshore fields, to Europe via Greece. This could take place in case this gas would transit Turkey up to the Turkish/Greek border or it would arrive to Greece through an offshore pipeline and then cross Western Greece up to the landfall position of the Poseidon offshore pipe- line. As the second scenario has been proposed by the sponsors 1) (DEPA and the Government of Cyprus) this has been simulated in chapter 7 2) . According to the results of this simulation, Poseidon pipeline could allocate, in the design case (i.e. the case with the maximum daily demand) almost 60% of its capacity to the transportation of gas from Greece to Italy, delivering about 130GWh/ day.

Nabucco (TRA-N-077 & 078)

Nabucco was a project proposing a new natural gas pipeline corridor from Turkey to Austria, running through Bulgaria, Romania and Hungary. The strategic aim of the project was to provide supply of natural gas from the Caspian Region, Central Asia and the Middle East. Another aim of the Nabucco pipeline was to diversify the natural gas suppliers and delivery routes for Europe, thus reducing European dependence on Russian energy. On 14 November 2013 the General Assembly of the project sponsor, Nabucco Gas Pipeline International GmbH, decided to suspend its operation and have it enter a liquidation procedure.

1) projects TRA-N-054 and TRA-N-189 2) Please see chapter 7.1 on the limitations of the simulation model.

Southern Corridor GRIP 2014–2023 |

75

Made with