Agreement on Greece-North Macedonia Natural Gas Pipeline to Be Signed on Friday

ATHENS — The final investment decision for the construction of an interconnection of the natural gas systems of Greece and North Macedonia is expected to be made within the year.

Environment and Energy Minister Kostas Skrekas is expected to sign an agreement on Friday with North Macedonia's Economy Minister Kreshnik Bekteshi.

It will be preceded by a market test to certify the economic aspects of the project while the construction of the pipeline is expected to begin at the beginning of 2022.

The project is for a 54 km-long pipeline starting from Nea Mesimvria in Greece that will allow the supply of the neighbouring country with natural gas through Greece, utilising the pipeline infrastructure and liquefied natural gas operated by DESFA, the Hellenic Gas Transmission System Operator S.A. A memorandum of cooperation has already been signed for the project between the manager and NER, the respective company of North Macedonia, in October 2016. As stated by the CEO of DESFA Maria Rita Galli there is still much to be done, but there is a strong commitment in both countries for building the pipeline.

DESFA also looks forward to funding the project from European sources, despite the EU decision to stop funding fossil fuel-related projects. To this end, efforts are being made by the Administrators of South Europe in order to have a transitional funding period until 2030.


ATHENS - There was keen investor interest in acquiring a 27 percent stake in Piraeus Bank from Greece’s bank bailout fund, which was oversubscribed as it will be the third of the country’s four biggest banks to be fully privatized.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Nikki Haley Wins the District of Columbia’s Republican Primary and Gets Her First 2024 Victory

WASHINGTON (AP) — Nikki Haley has won the Republican primary in the District of Columbia, notching her first victory of the 2024 campaign.

WHITESTONE, NY – Holy Cross Greek Orthodox Church in Whitestone celebrated its 49th anniversary with a luncheon following the Divine Liturgy on March 3.

‘Apokries’ or Carnival features merriment and meat-eating before the start of Great Lent.

Books of every kind are sent in to the offices of The National Herald, showcasing the impressive range of experience and interests of Greek authors wherever they happen to live.

BALTIMORE, MD – The law firm of Peter Angelos was sold to three of the firm’s longtime senior attorneys on March 1, as ordered by a Baltimore County Circuit Court judge, The Daily Record (TDR) reported, noting that “Judge Keith R.