Greek Realm

Go Back   Greek Realm > Forum > Political Issues - Πολιτικά Θέματα > Current Affairs - Τρέχουσες Εξελίξεις

Notices

Current Affairs - Τρέχουσες Εξελίξεις News, Issues... - Νέα, Επίκαιρα Θέματα...

Reply
 
Thread Tools Display Modes
Old 11-21-2007, 04:46 PM   #1
Super Moderator
Points: 6,651, Level: 1
Points: 6,651, Level: 1 Points: 6,651, Level: 1 Points: 6,651, Level: 1
Activity: 100%
Activity: 100% Activity: 100% Activity: 100%
 
Angelo's Avatar
 
Join Date: Sep 2007
Location: Canada /Greece
Posts: 1,156
My Mood:
Angelo is a splendid one to beholdAngelo is a splendid one to beholdAngelo is a splendid one to beholdAngelo is a splendid one to beholdAngelo is a splendid one to beholdAngelo is a splendid one to behold
Greece and Turkey open pipeline

Greece and Turkey Open Gas Pipeline
Sign In to E-Mail or Save This
Print
Reprints
Share
Del.icio.us
Digg
Facebook
Newsvine
Permalink


By ANTHEE CARASSAVA
Published: November 19, 2007
ATHENS, Nov. 18 — Greece and Turkey opened a $300 million pipeline on Sunday, creating an energy corridor that connects the rich natural gas fields in the Caspian Sea region to Europe, bypassing Russia and the volatile Middle East.

Skip to next paragraph
Enlarge This Image

Simela Pantzartzi/European Pressphoto Agency
Prime Minister Kostas Karamanlis of Greece, center, on the right, shook hands Sunday with Recep Tayyip Erdogan, his Turkish counterpart, at the Evros River to inaugurate a gas pipeline.
The 178-mile pipeline also solidifies improved ties between Greece and Turkey, linking the longtime Aegean rivals through a project that will give Caspian gas its first direct Western outlet and help ease Russia’s energy dominance as oil and gas prices soar.

“This project will bring significant benefits both for Greece and Turkey,” said Kostas Karamanlis, the Greek prime minister, who inaugurated the project with his Turkish counterpart, Recep Tayyip Erdogan. It shows “we can live in harmony and both gain from it,” Mr. Karamanlis said, shaking hands with Mr. Erdogan in a symbolic meeting on a bridge over the Evros River, which divides the countries.

The pipeline, which will use natural gas pumped into Turkey from the Shah Deniz field in Azerbaijan, will initially carry 250 million cubic meters of gas a year to Komotini, in northeastern Greece, from Karacabey, in western Turkey. Its capacity is expected to triple by 2012, when Poseidon, a 132-mile undersea Greece-Italy pipeline begins operation, forming the Southern Europe Gas Ring project.

“The project is extremely significant — and fundamentally political,” said Julian Lee, a senior analyst with the Center for Global Energy Studies, a London-based research group. “It offers diversified supplies of energy to Europe without going through Russia — an objective encouraged by the United States.”

Signaling Washington’s support, Energy Secretary Samuel W. Bodman attended the inauguration ceremony near the Greek-Turkish border on Sunday. President Ilham Aliyev of Azerbaijan also attended.

Russia, the world’s biggest gas and oil producer, accounts for more than 25 percent of European Union gas imports, and Western officials have been scrambling for years to forge a viable energy strategy that could ease Russia’s hold on European energy supplies.

Greece and Turkey, meanwhile, have been trying to promote themselves as emerging energy hubs and regional power brokers with a string of energy deals.

“This pipeline will boost prosperity in the region,” Mr. Erdogan said. “The silk route will also become an energy route linking East and West through Turkey.”

More Articles in International »


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.
Ο χρήστης Angelo δεν είναι συνδεδεμένος  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
THE TURKEY vs GREECE War Scenario Prokomenos Current Affairs - Τρέχουσες Εξελίξεις 379 09-28-2008 10:15 AM
Greece-Turkey natgas pipeline to be inaugurated November 18 Ellinas Current Affairs - Τρέχουσες Εξελίξεις 0 11-10-2007 12:00 PM
Greece, Turkey link up nat'l gas networks Ellinas Current Affairs - Τρέχουσες Εξελίξεις 0 08-04-2007 05:16 PM
Greece, Turkey sign power exchange protocol Ellinas Current Affairs - Τρέχουσες Εξελίξεις 0 07-19-2007 10:10 AM
Survivor Greece - Turkey Frapegliko Movies, TV - Ταινίες, τηλεόραση 48 02-21-2007 06:58 PM


All times are GMT -5. The time now is 07:36 AM.


Search Engine Optimization by vBSEO 3.1.0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42