Edison's logo is seen outside the company headquarters in downtown Milan, Italy, January 14, 2016. REUTERS/Stefano Rellandiniplans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters.
For these reasons, the European Commission could be interested in partly funding the project, whose cost is estimated at around 6 billion euros , Edison said. Last year, they received independent positive assessments over the feasibility of the pipeline, which would be 2,000 kilometres long, with at least 800 km offshore.
"If we take into account the regionally unconsumed share plus the additional amount expected from the developments of these fields, we will have 20 bcm more per year for at least 20 years that could pass through the pipeline," Mattana said.
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