NewEurope: ITGI Dies Hard with a Vengeance

Italy and Greece will build a project to import natural gas into the European Union with or without gas from Azerbaijan, Elio Ruggeri, CEO of IGI Poseidon and head of international gas infrastructures for Edison, told New Europe on 22 February, two days after he was informed that the Interconnector Turkey-Greece-Italy (ITGI) project, a venture of Greece’s DEPA and Italy’s Edison, was excluded. “Both with Azeri gas or without Azeri gas, ITGI will play a key role because it is a project that will be developed by buyers of gas and not by producers,” Ruggeri said by phone.  MORE