Times of Malta 14/10/2013: The European Union has included the proposed gas pipeline between
Malta and Sicily in a list of 250 energy projects which may qualify from
a total of €5.85 billion in funding.
The project description says that this would be a 150 km pipeline
from Gela in Sicily to an offshore Floating Storage and Regasification
Unit unit some 12 miles off Malta, and the Delimara power station.
The European Commission said a modern infrastructure with adequate
interconnectors and reliable networks is crucial for an integrated
energy market where consumers get the best value for their money.
These "projects of common interest" (PCI) will benefit from
accelerated licensing procedures and improved regulatory conditions and
may have access to financial support from the Connecting Europe
Facility, under which a €5.85 billion budget has been allocated to
trans-European energy infrastructure for the period 2014-20.
This will help them get implemented faster and make them more
attractive to investors. Once completed, the projects will help Member
States to integrate their...read on.
