Greek Energy Minister Asks for Further Compensation Over TAP and IBG Pipelines

tap_5Accelerating procedures for implementation of the TAP and IGB natural gas pipeline projects was the topic of discussions during a meeting on Wednesday between Environment and Energy Minister Panos Skourletis with Amos Hochstein, US special envoy and coordinator for international energy relations with Bulgarian Energy Minister Temenuzhka Petkova.

During the meeting, Skourletis proposed improving the terms of TAP through Greece both for the state and local societies, while regarding the Greek-Bulgarian pipeline project IGB a new meeting at ministerial level, will be held next week in Sofia. The Greek side raised compensation issues for forest areas and state property and more action by the consortium in the field of corporate social responsibility.

Amos Hochstein said there was significant progress regarding the Greek-Bulgarian pipeline and urged the Greek government and TAP to openly discuss pending issues and to find solutions the soonest possible. “The US wants to continue working with Greece for the country’s energy security but mostly on the role to be played by Greece as a strategic partner in the region.”