Middle East Economic Survey

VOL. L

No 31

30-July-2007

REGIONAL

Greece, Italy And Turkey Sign Intergovernmental Accord On IGI Gas Pipeline

Greece, Italy and Turkey in Rome on 26 July signed an intergovernmental agreement covering the Interconnector-Greece-Italy (IGI) pipeline. The accord provides for the construction of a natural gas pipeline across northern Greece and the Adriatic Sea to southern Italy and the transport of gas from Azerbaijan to southern Europe via Turkey. In July, Turkey began to...