Greece believes that it is possible to extend the “vertical gas corridor” to Ukraine

ATHENS, may 16 — RIA Novosti, Gennady Melnik. “Vertical gas corridor” (Vertical Corridor) Greece-Bulgaria-Romania-Hungary is one of the national priority energy projects for Greece and possible extension to Ukraine, Moldova and Serbia. It is said in the materials submitted to the Ministry of foreign Affairs of Greece, at the presentation of the strategic planning and implementation of measures of extroversion of the Greek economy in the 2017-2018 year.

The project “Vertical corridor” is a new route for natural gas and brings together national networks of countries through connecting pipelines. It was planned that in case of realization of the project gas will be delivered from Greece to Bulgaria, Romania and then in other countries of Central and Eastern Europe.

Previously, the Greek Ministry of energy reported that the power of the “vertical gas corridor” will be 3-5 billion cubic meters of gas per year, supply will come from a variety of sources, including from the Greek network through the liquefaction plant of natural gas in Revithousa, TRANS Adriatic pipeline TAP and a floating station regasification of LNG in Northern Greece.

Among the other major interest of Greece project was called the study of hydrocarbons, the second modernization of the station of liquefied natural gas in Reverse and floating LNG station at Alexandroupoli, the TRANS-Adriatic pipeline (TAP) to supply gas from Azerbaijan to Europe, the gas Interconnector Greece-Bulgaria (Interconnector Greece-Bulgaria, IGB).

The materials confirmed interest in the EastMed pipeline, which Greece is planning to build together with Italy, Cyprus and Israel. The gas from the Israeli field “Leviathan” will go to Europe.

Greece also considers the important projects of the two power bridges – EuroAsia Interconnector Interconnector and EuroAfrica. The first project will connect the grids of Israel, Cyprus and Greece, and the second power bridge will link the Greek, Cypriot and Egyptian electrical network via an underwater power cable.