ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Annex B: Infrastructure Projects

PROJECTED CAPACITY INCREASES Interconnection

Capacity (GWh/d)

Hub Cyprus Hub Greece From Zone

To Zone

Modelled Direction Yes exit Yes entry

Interconnector CY-GR (Trans-Mediterranean)

222.49

Hub Greece Hub Cyprus

47.68

DESCRIPTION OF THE PROJECT Transmission pipeline for the transport of natural gas from the Levantine Basin into Greece’s National Gas Transmission System, through Cyprus. Gas could be then transported, using existing or new/upgraded transmission networks/pipelines, through mainland Greece to the Central Eastern and South Eastern Europe (not part of current project). The proposed gas transmission pipeline will have a total length of around 1,400km and could allow for reverse flow. Other relevant project infrastructure (facilities) includes three compressor stations – one located onshore Cyprus, the second onshore Crete (Greece) and the third onshore mainland Greece.

EXPECTED BENEFITS

Security of Supply, Market integration (Mediterranean and South-Eastern Europe), Reverse Flows, Diversification of sources, Diversification of routes, N-1 National (Cyprus), N-1 Regional (South-Eastern Europe), Biogas, Project has significant impact on cross-border transmission capacity between Greece and Cyprus. Project establishes a new connection and contributes to the interconnection of Cyprus with the European Grid, through Greece, thus also eliminating the isolation of Cyprus from the Internal Energy Market (by allowing for reverse flow). Project provides for additional capacity able to cover peak demand and daily demand, as well as for reverse flow. Enhanced flexibility is also offered since the project involves gas transmission through an additional route, source and counterpart.

COMMENTS ABOUT THE PROJECT FINANCING Public financing

Private financing

Multilateral financing

Project Financing structure not yet finalized

Project Financing structure not yet finalized

Project Financing structure not yet finalized

Southern Corridor GRIP 2014–2023 Annex B |

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ENTSOG TYNDP 2013-2013 - Annex A