Spain, France And Portugal Agree On Gas Pipeline Link
Date
10/20/2022 3:07:35 PM
(MENAFN- Trend News Agency) A gas pipeline is to be built connecting Iberia to France and
the rest of Europe, Spanish Prime Minister Pedro Sanchez confirmed
on Thursday, reports citing .
Spain, France and Portugal have agreed to cooperate on the
project, Sanchez said.
Speaking on his return to Spain after attending an EU summit on
the energy crisis, Sanchez said that the pipeline will hugely
increase the volume of the two existing links between Spain and
France. It will also help to transport green hydrogen and gas
during the transition period Europe needs until it increases its
capacity for renewables.
The 'Green Energy Corridor' will connect Barcelona to Marseilles
in southern France. It replaces the 'MidCat' scheme, which was
dropped in 2019 due to concerns over costs and regulations.
The ongoing energy crisis, caused by the conflict in Ukraine and
uncertainties over supplies from Russia, has led to the revival of
plans to ship gas through Portugal and Spain (which is connected by
pipeline to Algeria).
Spain has spent several months pushing for the project, which is
also supported by Germany. As well as its Algerian pipeline, Spain
also has a high capacity for converting liquid natural gas (LNG),
with 6 LNG terminals.
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