The European Commission has approved an agreement between the Greek authorities and the Trans Adriatic Pipeline consortium.
The Greek authorities and TAP concluded a Host Government Agreement. This sets out how TAP will construct and operate the pipeline and defines the respective obligations of the parties.
The project will improve the security and diversity of EU energy supplies without unduly distorting competition in the Single Market, the EC statement says.
According to the Vice-President for the Energy Union Maros Sefcovic, today's approval of the TAP agreement is an important step towards completing the Southern Gas Corridor, Trend reports.
