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The European Commission recently marked as a Project of Common Interest (PCI) the pipeline that will link the Greek and Cypriot deposits (East Med Pipeline), lifting the hopes of both Athens and Nicosia about the possibilities of seeing this project materialising.
The project seeks the construction a pipeline connecting the Leviathan field offshore Israel, to Cyprus and the eastern part of the Island of Crete in Greece. In order to connect the supply of this pipeline to the EU market alternate routes were discussed, including connections from Crete to the Trans-Adriatic Pipeline (TAP), the Interconnector Greece-Bulgaria (IGB) and the Revythousa LNG terminal close to Athens.