M&C: Greece, Turkey open Europe's first supply of Caspian gas
Greece, Turkey open Europe's first supply of Caspian gas
Thessaloniki, Greece - The prime ministers of Greece and Turkey met along their heavily-militarised border littered with landmines to inaugurate a gas pipeline project on Sunday which will eventually ease Europe's dependency on Russian oil and gas.The 300-kilometre pipeline project is seen as an important stepping stone towards improving bilateral relations between the two traditional foes and will provide the European Union with its first supply of natural gas from the Caspian region, breaking away from Russia and the unstable Middle East. The Greek-Turkish pipeline will run from Bursa, Turkey to Komotini in Greece.
The pipeline will later be extended under the Adriatic Sea to Italy, connecting natural gas fields in Azerbaijan and Central Asia regions, to help supply energy-hungry markets in Europe by 2011.
Labels: EU, Greece, Natural Gas, Turkey
