Gas consortium plans €1bn Greek investment

A pipeline consortium has offered to double its investment in Greece to more than €1bn in the summer of 2011 as it tried to win support for its plan to bring natural gas from the Caspian basin to European markets.

The Trans-Adriatic Pipeline (TAP) would provide a rare example of inward investment into Greece – and create 2,000 jobs – as it seeks to build the missing link in a chain that would transport gas from Azerbaijan to the European Union.

EurActiv, 9.9.11: TAP scores points in race for Southern Gas Corridor http://www.euractiv.com/energy/tap-scores-points-race-southern-news-507504

ESO: Background information: Big guns vie to tap Azeri gas riches http://www.europeansources.info/record/big-guns-vie-to-tap-azeri-gas-riches/

ESO: Background information: Europe's southern gas corridor: The great pipeline race http://www.europeansources.info/record/europes-southern-gas-corridor-the-great-pipeline-race/

Website: Trans Adriatic Pipeline (TAP) http://www.trans-adriatic-pipeline.com/

Wikipedia: Trans Adriatic Pipeline http://en.wikipedia.org/wiki/Trans_Adriatic_Pipeline

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