Eight energy sector projects selected for EU Funding.
Eight Greek projects have been included in the European Commission list of 250 energy sector infrastructure projects that are eligible for funding worth 5.85 billion Euros. As announced by the EC yesterday, these relate to “mutual interest projects” for which fast-track licensing and favourable arbitration procedures are anticipated and which will now have access to the “Connecting Europe” funding mechanism endowed with 5.85 billion Euros for inter-European energy sector infrastructures for the period 2014-20.
The following projects have been selected for Greece:
- The Greece-Bulgaria electric interconnection, via East Maritsa – Nea Santa
- The Israel-Cyprus-Greece interconnection (Hadera-Attica)
- The hydroelectric factory in Amphilochia
- The Komotini – Stara Zagora natural gas interconnection
- The LNG storage plants in Alexandroupoli and Kavala
- Interventions to the existing pipelines on the Greek-Bulgarian border between Koula-Sidirokastro
- Interventions to the plants at Kipoi and to the pipeline between Greece and Italy (ITGI)
- The natural gas subsea pipeline between Israel-Cyprus-Greece via Crete