Agreement between the Hellenic Republic and the Italian Government for the development of the Interconnection Greece-Italy (IGI) Project

Νόμος υπ’αριθ. 3441. Κύρωση της Συμφωνίας μεταξύ της Ελληνικής Δημοκρατίας και της Ιταλικής Δημοκρατίας για την ανάπτυξη του έργου Διασύνδεσης Ελλάδας-Ιταλίας (ΔΕΙ)

With the present Agreement, the two Parties intend to extend their existing cooperation in the energy sector with the aim of increasing cooperation in gas sector by promoting the interconnection of their gas systems. Therefore, they plan to implement the development of the project for an interconnection between the national transport system of Greece and Italy, called the “IGI Project” comprising the section within the Greek Territory (the “onshore section”) and the “offshore section”. The Parties acknowledge that any part of the offshore section located on the continental shelf appertaining to the Hellenic Republic shall be under the jurisdiction of the Hellenic Republic and any part of the offshore section located on the continental shelf appertaining to the Italian Republic shall be under the jurisdiction of the Italian Republic. The text of the Agreement specifies the procedures for implementing the project.