A Swiss company plans to build a natural gas pipeline from Greece to Italy, traversing Albania, to supply its four power plants in Italy, a company official said yesterday. Switzerland’s Elektrizitatz-Gesellschaft Laufenburg AG, known as EGL, was conducting a feasibility study for the 230-kilometer (138-mile) pipeline, said Robert Klein, head of European logistic. EGL needs to supply four power plants it is building in Italy with 3.5 billion cubic meters of natural gas. The pipeline, which would link with the Greek system and travel through Albania and the Adriatic Sea to Italy, would transport 10 billion cubic meters of gas annually. “For us, the most economic solution was to build a pipeline via Southeast Europe to Italy,” Klein said, adding that construction should begin in mid-2007 and end by early 2009. The company was planning to spend 250 million euros on the land pipeline and compression station in Vlore, and 180 million euros on the offshore section to Italy, Klein said.