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Article: EIB STEPS UP FUNDING FOR NATURAL GAS SUPPLIES IN GREECE.(European Investment Bank)
- Article from:
- European Report
- Article date:
- February 8, 2006
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The European Investment Bank (EIB) announced several loans to Greece at the beginning of February, intended to support diversification of natural gas sources and small and medium-sized enterprises in the country.
Euro 45 million is to be made available to the Public Gas Corporation of Greece S.A. (DEPA), in charge of the high-pressure gas transmission system, for boosting the country's natural gas supplies. Euro 22 million is earmarked for the construction and operation of an 85-km long gas transmission pipeline that will link the Greek and Turkish national gas systems between Komotini in Greece and Kipi at the Greek/Turkish border. The purpose is to import ...