Russia’s Gazprom, Greece’s DEPA, and Italy’s Edison have signed an agreement of cooperation in St Petersburg that envisages joint efforts aimed at establishing a southern route for gas supplies from Russia to Europe, which will run across Turkey and Greece to Italy. The three companies said in a press release on June 2, “they would coordinate the development and implementation of the Turkish Stream gas pipeline project and of the Poseidon project from the Turkish/Greek border to Italy, in full compliance with relevant applicable legislative framework”. In addition, the agreement formalises the arrangements on expanding cooperation in the field of Russian gas deliveries.