1. Proposed Pipelines & Infrastructure Proposed Pipelines & Infrastructure

2. The Southern Corridor remains the most advanced project connecting South East Europe and Italy. Environmental and regulatory framework in place. Interconnector Greece - Bulgaria (IGB): it will supply up 3-5bcma A planned Floating Storage and Regasification Unit (FSRU) in Northern Greece will allow LNG to flow to Europe. Italy Croatia Romania Bulgaria Russia Turkey Greece Montenegro B&H Slovenia Serbia FYROM Albania Hungary Kosovo LNG TAP South Stream Nabucco West East Med IGI Poseidon IGI Onshore IGB Other Interconnectors LNG Terminal IGI The East Med Pipeline connecting Cyprus and Israel to the EU. An offshore pipeline from the fields of Eastern Mediterranean may connect these newly found sources to Europe opening a New Energy Corridor.

3. The East Med Pipeline connecting Cyprus-Israel (& Egypt?) to the EU The construction of the pipeline is technically feasible. The pipeline will be able to carry around 8bcma and will have a length of around ~1100km. The estimated transportation tariff of the pipeline is almost one third of the respective tariff for an LNG terminal. Transportation tariffs remain much lower even for delivery of gas to Italy and SEE. The pipeline will supply natural gas to Crete spurring development in new markets. The pipeline can link with the ITGI/TAP system. Gas from East Med will access the SEE and Italian markets at competitive prices East Mediterranean gas will play an important role as the EU incorporates this newly found source into it’s energy policy. East Med

4. The Greece - Bulgaria Interconnector IGB acts as a gateway to SE through Greece, which is situated at the crossroads of all the new sources IGB will be carrying 3bcma, scalable up to 5 bcma. IGB: Has received the EIA permits in Greece and Bulgaria IGB in cooperation with the 2 NRAs has launched its Market Test while updating its business plan and financial structure, taking into consideration the mandate signed with EBRD. FID is scheduled to be taken soon IGB’s regional significance has been reaffirmed by the EU, receiving a €45million grant through the EEPR framework. IGB’s national importance has been announced by both the Greek and Bulgarian governments. Italy Croatia Romania Bulgaria Russia Turkey Greece Montenegro B&H Slovenia Serbia FYROM Albania Hungary Kosovo LNG TAP South Stream Nabucco West East Med IGI Poseidon IGI Onshore IGB Other Interconnectors LNG Terminal IGI

5. The Aegean LNG terminal The Aegean LNG terminal The planned FSRU in Northern Greece will allow SEE region to have easier access to more LNG capacities (in addition to the existing LNG terminal in the Greek island of Revythousa ). The Aegean LNG will be able to send out 5 bcma into Greece and from there, in conjunction with IGB and other interconnectors, to SE, Turkey and Italy The Aegean LNG:  Comprises the floating facility  It is located at Kavala where DEPA possesses property rights  Will have a storage capacity of 150,000m 3 Technical Feasibility established:  Technical development progressing beyond completed feasibility.  EIA study under process  Natural gas may flow from the Aegean LNG terminal soon. Italy Croatia Romania Bulgaria Russia Turkey Greece Montenegro B&H Slovenia Serbia FYROM Albania Hungary Kosovo LNG TAP South Stream Nabucco West East Med IGI Poseidon IGI Onshore IGB Other Interconnectors LNG Terminal IGI

6. The strategic role of Greece in Europe’s security of Energy supply LNG Caspian/ Middle East East Med South Stream Italy South Europe is a key market for some of the new sources of gas, including the Caspian and the Eastern Mediterranean, because of: its proximity to the source its potential for growth Greece is instrumental in the developments in SE because of its advanced stage plans (LNG terminals etc.) Greece is: Closest to ALL of those sources An open market with free competition