Displaying items by tag: eastmed

An international agreement for the EastMed pipeline, carrying natural gas from the East Mediterranean to Europe through Greece, was submitted to parliament on Tuesday for ratification.

IGI Poseidon has finalized tendering procedure for the engineering, procurement, construction, transport, installation and pre-commissioning (EPCI) of the four offshore sections of EastMed natural gas pipeline, with a length of 1,470 km and budgeted at 3.0 billion euros.

The EastMed Act establishes areas of cooperation such as energy security in the region, upgrades US relations with its allies in the Eastern Mediterranean, removes the long-standing arms embargo in Cyprus and improves US military cooperation with Greece by increasing US military training for Greek soldiers and US funding for military equipment so that Greece can continue to "build" its army and respects its commitments to NATO, Jim Risch

, chairman of the Senate Committee on Foreign Relations, said in an interview with 'Parapolitika' newspaper on Saturday.