Innovation and Networks Executive Agency

7.3.1-0025-ELCY-S-M-15

INEA ceased operations on 31 March 2021. The European Climate, Infrastructure and Environment Executive Agency (CINEA) was established on 1 April 2021 to take over its legacy portfolio as well as additional EU funding programmes.
Eastern Mediterranean Natural Gas Pipeline – Pre-FEED Studies
Programme: 
CEF Energy
Call year:
  • 2015
Location of the Action:
  • Cyprus, Greece
Implementation schedule: 
May 2015 to March 2018
Maximum EU contribution: 
€1,927,924
Beneficiaries: 

NATURAL GAS SUBMARINE INTERCONNECTOR GREECE-ITALY (Greece)
http://www.igi-poseidon.com/en/

Status:
  • Closed
Energy corridor:
  • Southern Gas Corridor
Energy sector:
  • Gas
Project(s) of Common Interest:
  • 7.3.1
Executive summary: 

Executive Summary available here.

Additional information: 

European Commission, DG ENER
http://ec.europa.eu/energy/en/topics/infrastructure

Agency for the Cooperation of Energy Regulators (ACER)
http://www.acer.europa.eu/

European Network of Transmission System Operators for Gas (ENTSOG)
http://www.entsog.eu/

Last modified: 
April 2021

7.3.1-0025-ELCY-S-M-15

The Action is part of the Project of Common Interest (PCI) 7.3.1 "Pipeline from offshore Cyprus to Greece mainland via Crete".

The Action included activities and studies in relation to the Pre-FEED (Front-End-Engineering Design) phase of the PCI Eastern Mediterranean Gas Pipeline (East Med), namely technical feasibility studies, reconnaissance marine survey, as well as economic, financial and competitiveness studies.

The objective of the Action was to provide the necessary information to producers and downstream gas market operators, allowing the assessment and possible selection of the project, as preferred export option, for part of the Levantine Basin gas resources, ensuring a new reliable source of supply via a diversified route.

The Action contributed to enhancing the maturity of the project with a detailed and complete technical and economic assessment, enabling the project promoter to provide reliable data to the upstream producers and to downstream operators for the selection of the PCI as preferred export route.

The Action has allowed project promoters to timely proceed with the development of the PCI and in particular with the FEED phase.

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