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Natural Gas Reserves in Italy
- By Oil and Gas Author
- Published 08/25/2006
- Petroleum Pipeline , Environment and Pollution , Italy , Oil Field Development , Liquefied Natural Gas LNG , Exploration and Discoveries , Natural Gas Petroleum , Crude Oil Petroleum
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Oil and Gas Author
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View all articles by Oil and Gas AuthorIn October 2004, Natural Gas flowed for the first time through the Greenstream Pipeline linking Mellitah, Libya to Gela, Sicily. Majority-owned by Eni, the 370-mile Greenstream has a capacity of 970 million cubic feet per day (Mmcf/d) and connects Italy with the Western Libya Gas Project. In order to comply with Italian energy regulations, Eni has agreed to sell all gas supplied by Greenstream to other natural gas companies. Proposed Pipelines.In 2002, Algerias Sonatrach signed a deal with Italys Enel and Germanys Wintershall to form Galsi, a consortium to build another natural gas pipeline from Algeria to Italy. Current plans call for an onshore pipeline from Gassi RMel to El Kal, Algeria, then an underwater section to Cagliari, Sardinia. This is to be followed by an onshore section to Olbia, Sardinia, then a final, offshore pipeline to C.D. Pescaia, Italy. Galsi estimates initial capacity on the 910-mile line will be 970 Mmcf/d, and there are plans for a parallel power cable. In May 2005, Sonatrach signed letters of intent with twelve potential natural gas purchasers, covering the entire planned capacity of the system. Galsi plans to complete the $2-billion project in 2009-2010.In November 2005, government officials from Italy and Greece signed an agreement to build a $1.3-billion natural gas pipeline between the two countries. Current plans call for a 500-mile pipeline from northern Greece to south-eastern Italy, under the Strait of Otranto. The system will be an extension of a natural gas pipeline currently under construction between Greece and Turkey, allowing Italy potential access to natural gas supplies in Central Asia and the Middle East. The first natural gas shipments through the pipeline could occur by 2010.
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