Ministers sign 950-mln-euro Pact to bring Gas from Turkey to Italy (11/07/2005)

Δευ, 7 Νοεμβρίου 2005 - 11:20
Greece’s Development Minister Dimitris Sioufas and Italy’s Industry Minister Claudio Scajola yesterday signed a 300-million-euro accord to construct a pipeline bringing oil from Turkey through Greece to Puglia, on Italy’s southeastern coast. Work on the 200-kilometer pipeline is due to start in 2007 and continue until 2010. The project “effectively transforms (Greece, Italy) and Turkey into a transit hub for natural gas from the Caspian to major western markets,” Sioufas said after the signing.