Menendez shows interest in EastMed pipeline

Greece will soon be added to the hydrocarbon-producing countries, said Minister of Environment and Energy George Stathakis, in the meeting today with the American Senator, Bomb Menendez in the presence of the American Ambassador to Greece, Jeffrey Pyatt.

At the heart of the debate was the transformation of Greece into a key energy hub, in a region with an upgraded role. As the minister stressed, the Eastern Mediterranean is gaining momentum after recent gas inventories, and the Balkan market has entered a transformation process to become the southern – eastern gateway to a single European energy market.

In this context the initiatives of the Greek government were presented:

-to diversify the sources of supply of the European gas market by building infrastructure (TAP pipeline, LNG station in Revythoussa etc)

– for the interconnection of the Balkan states through the construction of the IGB pipeline, which will be immediately launched and will be part of the large vertical gas transit corridor to central Europe and the pipeline that is being planned to be built with “Northern Macedonia” to link the gas networks of the two countries

– for the transport of natural gas from the new production areas in the Eastern Mediterranean to the European market through the construction of the EastMed pipeline.

Mr Menendez showed particular interest in the progress of the East Mediterranean Gas Forum. The steps that have been taken so far by the seven countries (Greece, Cyprus, Italy, Egypt, Israel, Jordan, the Palestinian Authority) and the possibilities for further deepening cooperation, by adopting common solutions to issues related to production, storage and transportation of natural gas.

Finally, the American Senator was briefed on the development of renewable energy production in Greece, as well as on the use of new technologies and techniques that allow small-scale producers to use electricity (farmers, hotels, hospitals, universities, etc.).