• Natural Gas News

    New Europe: EU Scrutiny for Russian Pipeline Through Greece

    old

Summary

The European Commission’s Vice President for Energy Union Maros Sefcovic says the Greek-Russian pipeline deal will have to align with the Third Energy Package

by: Erica Mills

Posted in:

Press Notes

New Europe: EU Scrutiny for Russian Pipeline Through Greece

A Gazprom-driven pipeline that wants to bring Russian gas to Europe through Greece and Turkey will have to comply with EU law, European Commission’s Vice President for Energy Union Maros Sefcovic told New Europe on June 20.

A day earlier, during Greek Prime Minister Alexis Tsipras’ trip to the St Petersburg Economic Forum, Russia and Greece signed a Memorandum of Understanding to create a joint enterprise for construction of the Turkish Stream pipeline across Greek territory.

Asked about Russian Energy Minister Alexander Novak’s statement on June 19 that state giant Gazprom will not own the Greek part of Turkish Stream, but Moscow will assist Athens in financing the project, and if that would apply with EU law, Sefcovic said Brussels “would need to have a look at the more concrete projects” and does not know the details.

Read the full article HERE.