Greece–Italy relations

European Commissioner for Climate Action and Energy Miguel Arias Cañete is in Athens where he is holding negotiations with the Greek government on key energy projects.

The interconnector Greece - Bulgaria is among these projects.

The World Bank's board of directors approved loans of $400 million each for Turkey and Azerbaijan late on Dec. 20 for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. 

Albania's Energy Ministry and the Trans Adriatic Pipeline have amended their agreement to give more financial support and assistance to Albania.

In a statement Wednesday, they said that following seven months of negotiations they agreed on reviewing payments paid, on increasing investments in communities and on training the local gas sector.

The World Bank gas granted a total of USD 800 M in loans to Turkey and Azerbaijan for the Trans-Anatolian Natural Gas Pipeline (TANAP), Anadolu Agency reports.

The 1850-km pipe is part of the Southern Gas Corridor (SGC), aimed at pumping Azerbaijan's gas into Turkey and further on to Europe.

The lender has granted USD 400 M to Turkey and the same amount to Azerbaijan.

Fifty-five percent of The Trans-Anatolian Pipeline (TANAP) will have been constructed by the end of the year, Turkey's Energy Minister Berat Albayrak

Daily Sabah quotes him as saying that Turkey is successfully moving toward the creation of an energy hub and successfully pursuing a policy of energy diversification.

The deadline for binding offers for the use of the natural gas pipeline between Bulgaria and Greece has been extended by a month to the end of November due to requests from bidders, the joint venture that runs the project said on Monday.

Progress on the Trans Anatolian Natural Gas Pipeline (TANAP) project is on track, TANAP General Manager Saltuk Düzyol said at the World Energy Congress in Istanbul on Oct. 11, adding it was a key part of the regional natural gas supply chain. 

The pipes laid within the framework of the South Stream project for the construction of the gas pipeline on the bottom of the Black Sea are in good condition and can be used for the implementation of the Turkish Stream project, announced the Deputy Director for Gas Pipeline Exploitation of Gazprom Sergey Aliev, reported RIA Novosti.

National Parliament of Azerbaijan Republic approved Trans Anatolian Natural Gas Pipeline (TANAP) Project on Sept. 30.

Azerbaijani Parliament discussed issues including the cooperation between Azerbaijan and Turkey during the first meeting of the autumn.

Bulgaria's government has received six indicative offers to use capacity of the gas interconnector that is to be built between Bulgaria and Greece, Energy Minister Temenuzhka Petkova has said.