Th. Kitsakos: South European Pipeline project is ‘viable’

The South European Pipeline project that will transfer Russian natural gas through Turkey, across Greece, and come ashore in Italy is “viable”, the CEO of state natural gas company DEPA, Thodoros Kitsakos, said on Wednesday.

Speaking at the Greek-Russian Forum, Kitsakos said he believed the project can start very soon, within 2017, provided that it respects the principles of the European Union. He also said it’s possible to include other companies in the project for which DEPA has signed a MoU with Gazprom and Italy’s Edison.

He also invited private investors to participate in the project to supply large islands with natural gas.