Middle East Economic Survey
IGB Pipeline Company Established By Edison, DEPA And BEH
Italys Edison, Greek state gas firm DEPA and Bulgarias Energy Holding Company (BEH) signed an agreement on 4 March to establish a company to build, own and operate a 170km Italy-Greece-Bulgaria gas interconnector pipeline. The pipelines cost, estimated at 140mn, would be supported by a 45mn grant within the framework of the European Energy Program for Recovery (EEPR). Initial...