The 2,000km-long, upcoming EastMed project will be operated by IGI Poseidon. According to GlobalData, who tracks more than 8,000 active and developing pipelines worldwide, the deepwater, onshore, ultra-deepwater gas pipeline, with a maximum diameter of 42 inches, will start in Mediterranean Sea (Israel) and ends in Epirus (Greece). Buy the profile here.
The EastMed project is expected to commence operations in 2027 and will be owned by Energean, Snam, Enagas, Publigaz, Copelouzos group, and others.
The EastMed project is associated with the 216km IGI Poseidon "Offshore Section".
During the period 2021-2025, the EastMed project is expected to witness an estimated capex of $3,360m.
About IGI Poseidon
IGI Poseidon S.A. is a joint venture company of Edison International (100% Edison S.p.A.) and Depa S.A. The company constructs, owns and operates a new offshore pipeline that will connect the Greek and Italian natural gas transportation systems.
For more details on the EastMed gas pipeline, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
