“The EastMed natural gas pipeline could be a dream for some and a nightmare for others, but today the foundations are laid for its implementation,” Greek Environment and Energy Minister Kostis Hatzidakis announced on Thursday, during a ceremony for the signing of a Letter of Intent between DEPA (the Public Gas Corporation of Greece) and Energean Oil & Gas for the supply of 2.0 billion cubic meters of gas annually through the EastMed pipeline, ANA reports.
The letter of intent was signed a few hours prior to the official signing of an Intergovernmental Agreement for the support of the pipeline in the presence of Greek Prime Minister Kyriakos Mitsotakis, Israeli Prime Minister Benjamin Netanyahu and the President of the Cyprus Republic Nicos Anastasiades.
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