Greece supports increasing the capacity of TAP and ICGB

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Greece will support increasing the capacity of the Trans Adriatic Pipeline (TAP) and the Interconnector Greece-Bulgaria (IGB), two key infrastructures for the diversification gas supply and routes to Southeast Europe. This was confirmed by Greece’s Deputy Minister of Environment and Energy, Alexandra Sdoukou.

She also emphasised Greece’s willingness to deepen regional cooperation to strengthen the security of supply, move forward with the energy transition and achieve climate neutrality.

Within the Vertical Corridor initiative, Greece has already several initiatives to export more than 8.5 billion cubic metres (bcm) per year of gas to its Northern neighbours. At the same the Deputy Minister recalled the floating storage and regasification unit (FSRU) in Alexandroupolis (with a 5.5 bcm per year capacity) that will soon be put into operation, opening a new LNG gate for the Balkan region.

“The Vertical Corridor allows for the diversification of sources and routes from the South to the North and its connection with the infrastructure of the Southern Gas Corridor can fill the missing links to create an interconnected regional gas market of Central and South-Eastern Europe, which will ensure an uninterrupted fuel supply,” Ms Sdoukou said.

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