Middle East Economic Survey

VOL. XLVIII

No 21

23-May-2005

REGIONAL

Greece And Italy Plan Gas Pipeline For Caspian Gas

Greece and Italy on 27 April signed a memorandum of understanding (MOU) for the construction of a gas pipeline connecting the two countries for the purpose of transporting gas primarily from Azerbaijans offshore Caspian Shah Deniz gasfield. The project, to be developed by Greek state-owned gas company DEPA and Italys Edison, calls for the construction of a 600km overland pipeline...