Athens News Agency: News in English, 06-04-13

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Russia to safeguard Greece's energy supply

[01] Russia to safeguard Greece's energy supply

"Evidence this intention was the fact that despite the Ukrainian natural gas crisis, the flow to Greece was uninterrupted," envoy Andrei Vdovin told a one-day conference in Athens.

The development ministry's secretary general, Nikos Stefanou, noted that the government intended to make Greece a strategic player in the European Union energy market.

Among landmarks in the project are construction of a Greek-Turkish natural gas pipeline that is expected to begin operating early in 2007; revival of a plan to build an oil pipeline to carry Russian oil to Greece via Bulgaria; and the recent creation of a southeast European energy community.

"The Burgas-Alexandroupoli (oil) pipeline is the only competitive project for which full studies have been made. It is a short pipeline at about 300 kilometres, and therefore low-cost or the same price as one year's worth of tanker delays in the Bosphorus," according to C. Dimas, director of the Greek consortium, ELPE SA-Thrace SA-Burgas Alexandroupolis Pipeline.

"In addition, it carries no environmental hazards, meets the geographical criterion, and ensures cheaper transportation. Beyond political value, it also has financial value," Dimas added.

The conference was arranged by the Ioannis Kapodistria Centre for European Studies, a non-governmental organisation, with the Russian embassy and Greece's development ministry.

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