A number of European gasoline operators signed an settlement on Thursday to arrange a transit pipeline for pure gasoline linking Greece to Hungary and close by nations.

Unveiled through the World LNG Summit & Awards occasion in Athens, Greece, the memorandum of understanding for a central European “vertical hall” was signed by representatives of Greek pure gasoline grid operator Desfa, Alexandropoulis floating storage and regasification unit operator Gastrade, Romanian operator Transgaz, Hungary’s FGSZ and Bulgarian operators ICGB and Bulgartransgaz.

The proposed pipeline connection would allow bidirectional north-south gasoline flows linking Greece to Bulgaria, Romania and Hungary, doubtlessly additionally extending to close by markets.