Athens – 18/02/2010: Interconnector Greece Italy (IGI) – Poseidon Gas Pipeline Project

Kantor Athens carried out this project for EFG Telesis who advise the Greek Public Gas Supply company on the commercial feasibility of the Poseidon pipeline which will connect the Greek and Italian gas transmission systems. More specifically, we investigated Italian gas demand and import requirements, described the factors that may influence Italian border prices for natural gas and developed estimates of these prices on the basis of different crude oil prices. We assessed the volume of natural gas that could be available for export from Azerbaijan from 2015 and reviewed the prices that the Azeris are likely to place on such exports as well as the status of gas transit through Turkey and, therefore, the probable transportation costs.