Greece persists in involving Azeri gas to TGI pipeline

Greece persists in involving Azeri gas to TGI pipeline
# 24 October 2011 11:18 (UTC +04:00)
The minister is expected to meet with President Ilham Aliyev and Minister of Energy Natig Aliyev, during the visit. The main purpose of the meeting is to exchange opinions on pipelines for Shah Deniz gas to Europe: “Main purpose is to direct Azerbaijan’s attention to advantages of TGI project. I think, this pipeline is one of the most substantial versions for transportation of gas for Azerbaijan, Europe and consortium”.

According to him, he considers that, TGI project is more superior than others.

Papakonstantinou reminded Greece’s position on advantages of this pipeline and noted that, it depended on realization opportunities of this project: “TGI is ready to transport gas to Europe and Balkan States from 2012-2013. So, it will be ready for transportation of Shah Deniz gas in 2017”.

According to Minister, second issue is abundance of clients. After selection of this project, it will be able to transport gas to the more countries.

Besides, he noted that TGI was only pipeline that may be realized for gas export, at present.

He also noted that, there would not be a problem in financing of TGI. According to him, $ 1.5-2 bln is sufficient for realization of the project. $1 bln of this sum is guaranteed by EU sources to allocate for this project. Others will be allocated by EBRD, as well Greek DEPA Company.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED