DNV, the independent assurance and risk management provider, has issued confirmation of the feasibility statement of the Eastern Mediterranean Deepwater Pipeline (EastMed), a 1,343-mile (2,000-km) onshore and offshore natural gas project. The EastMed pipeline would connect offshore gas reserves from the Levantine Basin to Greece via Cyprus, and further to southeastern European countries in conjunction with Poseidon and Greece-Bulgaria interconnection (IGB) pipelines. The current design envisions an 870-mile (1,400-km) offshore and a 372-mile (600-km) onshore pipeline, with an initial capacity of about 353 Bcf/year (10 Bcm/year) of gas. The maximum water depth reached, for a short section of around 16 miles (10 km), is 1.86 miles (3,000 meters), which is in line with other ultra-deepwater pipelines already installed in other parts of the world. "The EastMed Pipeline, together with Poseidon Pipeline, is the most mature project in the Mediterranean area, being now in the final engineering phase, and will reach the start of the commercial operation in 2027," said Fabrizio Mattana, CEO of IGI Poseidon.
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