A third gas corridor: prospects for the East Med

Harris Samaras, chairman of Pytheas, has been following the developments of the East Mediterranean gas market closely. He talks to Interfax about the possibility, and importance, of this new supply source to Europe
By Leigh Elston 14 September 2012
Proposed East Mediterranean pipeline. (Pytheas Investor Service)

Dimitris Manolis, the Interconnector Turkey-Greece-Italy’s (ITGI’s) director of international activities, this week raised the possibility of bringing East Mediterranean gas to the European market via the ITGI pipeline as early as 2018. Harris Samaras, the chairman and group chief executive of Pytheas, an international investment banking organisation, spoke to Interfax about the benefits of, and technical and commercial challenges to, building ‘the East Med’ pipeline.

Interfax: Would a pipeline running from the East Mediterranean, as suggested by Dimitris Manolis, be feasible?

Harris Samaras: The construction of this ‘East Med Pipeline’, which...

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