Middle East Economic Survey

VOL. XLIX

No 7

13-February-2006

regional/CASPIAN

EIB Loans DEPA 22Mn For Greek-Turkish Gas Pipeline

The European Investment Bank (EIB) on 3 February announced a loan of 22mn to the Public Gas Corporation of Greece (DEPA) for the construction and operation of an 85km gas transmission pipeline to link the Greek and Turkish national gas systems between Komotini in northern Greece and Kipi at the Greek-Turkish border. In July 2005, the Greek and Turkish prime ministers...