Gazprom, Greece discuss gas pipeline construction

Alexey Miller of Gazprom and Alexis Tsipras, Prime Minister of the Republic of Greece held a meeting in Athens.

Miller and Tspiras addressed the main areas and prospects for the Russian-Greek cooperation in the gas sector, Gazprom informed in a statement.

The meeting pointed out the need to diversify natural gas supply routes to Europe and the prominent role of a new gas pipeline from Russia to Turkey, which is expected to considerably increase the European energy security.

They agreed that a Russian-European consortium could be responsible for building the necessary gas transmission facilities in Greece. Alexey Miller stressed that the EUR 2 billion project would be delivered in full compliance with the European law.

Ultimately, this project will guarantee the transit of up to 47 billion cubic meters of gas from Gazprom, and that will provide Greece with external funds for other projects.

“The Greek Government supports the project and today we have no doubts that the Russian-European consortium will fully finance it,” said Alexey Miller.

Image: Gazprom