April 30, 2020 / 2:05 PM / a month ago

Greek-Italian joint venture seeks contractors for EastMed gas pipeline

ATHENS, April 30 (Reuters) - A joint venture between Greece’s state-controlled utility DEPA and Italy’s Edison is seeking to hire two contractors to build part of a pipeline that will carry natural gas from the eastern Mediterranean’s rapidly developing gas fields to Europe, DEPA said on Thursday.

The contractors will design and build four offshore legs of the pipeline, DEPA said. The total cost of the four, 1,470 kilometres legs will be 3 billion euros ($3.3 billion), it added.

$1 = 0.9207 euros Reporting by Angeliki Koutantou; Editing by Mark Potter

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