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    Reuters: ITGI pipeline looks to eastern Mediterranean gas fields

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Summary

ITGI pipeline's new role could be in transporting gas from new fields in the eastern Mediterranean however political and technical hurdles will likely slow development. ITGI could also part of Russia's South Stream pipeline.

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Press Notes

Reuters: ITGI pipeline looks to eastern Mediterranean gas fields

The ITGI pipeline project, which lost out in the race to carry Caspian supplies to Europe, could find a new role in transporting eastern Mediterranean gas through Greece, the pipeline's director of international activities said on Tuesday.

"By 2018-2019, gas from east Med may find its way to Greece and through Greece to the rest of Europe, providing diversification and security of supply as well diversification of routes," ITGI's director of international activities Dimitris Manolis told Reuters on the sidelines of an energy conference in Vienna.

"The new fields in eastern Mediterranean - Tamar, Leviathan and Block 12 - are three of the (world's) top five largest discoveries of the decade."  MORE