Medgaz pipeline promises energy security for Iberian Peninsula

05/23/2005
The proposed Medgaz ultradeepwater natural gas pipeline linking Algeria and Spain, when complete, will transport up to 16 billion cu m/year (about 1.5 bcfd) gas to the Iberian and European energy markets. When commissioned in 2008, the pipeline will be able to meet gas demand in the Iberian market (Spain and Portugal), which recently has shown compound growth of 17%/year.Extensive technical studies conducted by Medgaz have validated the proposed deepwater pipeline design and the associated offshore route, which will traverse the Mediterranean Sea at water depths of more than 2,000 m. These studies indicate that the proposed Medgaz pipeline will be the most economic solution for enhancing ...
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