Edison

Russia agrees with Edison, DEPA to keep working on gas pipeline to Europe, says minister

Russia's Energy Minister Alexander Novak said on Tuesday he had agreed with Italy's Edison and Greece's state-controlled gas company DEPA to continue work on a pipeline project to ship Russian natural gas into Europe. 

Speaking at an event in Milan, Novak also said that the Turkish Stream Project was on track for first commercial gas at the end of next year.

No rerouting Trans Adriatic Pipeline, says its president

The Trans Adriatic Pipeline (TAP) taking gas from Azerbaijan to Europe will pump the first gas into Italy at the start of 2020 despite local protests against the 4.5-billion-euro project, TAP's president told Reuters.

"We are on track to deliver the gas in the first quarter of 2020," Walter Peeraer said in an interview.

Signing ceremony for hydrocarbon exploration west of Corfu to take place on Tuesday

The signing ceremony of the contract granting rights to the consortium of France's Total, Italy's Edison and Greece's ELPE to explore for, and exploit, hydrocarbons in plot 2 in the Ionian Sea in western Greece will take place on Tuesday at the Stavros Niarchos Foundation in southern Athens.

Total expects Greek parliament approval for offshore exploration, CEO says

Total expects approval from the Greek parliament by the end of the year to explore for oil off the western coast of Greece, the French company's chief executive told a Greek newspaper.

Greece and a consortium made up of Total, Italy's Edison and Hellenic Petroleum have signed a lease agreement to search for oil and gas in the Ionian Sea.

Greek-Bulgarian pipeline expects bids by end-October

The joint venture building the natural gas pipeline between Bulgaria and Greece is seeking binding bids for the use of the gas link by the end of October, its chief executive said on Monday.

Interconnector Greece-Bulgaria (IGB), estimated to cost 220 million euros, has received nine expressions of interest to transport gas through it for a total capacity of 4.3 billion cubic meters.

Russia Still Ready to Build Gas Pipeline to Southern Europe, Lavrov Says

Moscow hasn't given up on its plans to build a pipeline to carry Russian natural gas to southern Europe across the Black Sea, Russian Foreign Minister Sergei Lavrov has confirmed.

"The southern direction is not yet written off," Lavrov told sputniknews.com earlier this week.

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