GALSI
GALSI (Template:Langx) was a planned natural gas pipeline from Algeria to Sardinia and further northern Italy, as an extension to the TransMed Pipeline.
History
The feasibility study was completed in 2005.[1] The intergovernmental agreement on the GALSI pipeline was signed between Italy and Algeria on 14 November 2007.[2]
Early in 2008 one of the project founders, Wintershall, sold its share to other shareholders and left the project.[3][4]
In 2007, while surveying the proposed route between Sardinia and Algeria, sonar data from an Autonomous Underwater Vehicle (AUV) revealed a large wreck, later determined to be the French battleship Danton, sunk in 1917.[5][6]
Route
The pipeline would start from the Hassi R'mel field in Algeria and the Script error: No such module "convert". section would run to Koudiet Draouche on the coast of Mediterranean Sea. The Script error: No such module "convert". offshore section with two legs would be laid between Koudiet Draouche and Porto Botte (CI), Sardinia. The Sardinian section would be planned approximately Script error: No such module "convert". from the south to Olbia. The offshore section between Sardinia and Italian mainland is Script error: No such module "convert". and the landfall would be Piombino (LI). It would be connected to the existing Italian gas grid in Tuscany.[7]
The exact offshore route should have been selected by Dutch engineering contractor Fugro by July 2008.[8]
As of 2021 project is considered to be shelved.[9]
Technical features
The pipeline diameter would vary between Script error: No such module "convert".. The initial capacity would be 8 billion cubic meters (bcm) of natural gas per annum.[1][2] Total estimated costs of project are €2 billion. The pipeline was expected to become operational in 2014. The Italian section should have been built by Snam Rete Gas.[1][7]
Project company
The project company Galsi S.p.A. was incorporated on 29 January 2003 in Milan. The current shareholders of Galsi are:[3]
- Sonatrach (Algeria) - 41.6%
- Edison S.p.A. (Italy) - 20.8%
- Enel (Italy) - 15.6%
- Sfirs (Sardinia Autonomous Region) - 11.6%
- Hera Trading (Italy) - 10.4%
According to the agreement between Sonatrach and Russian Gazprom, it would have been possible for Gazprom to have a stake in the Galsi pipeline.[10]
See also
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References
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- ↑ Ordinary Shareholders' Meeting of Snam S.p.A. 28 April 2021
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External links
- Project GALSI (in French)