By January 13, 2020 Read More →

Turkey Muscles-In on the Israel-Greece-Cyprus EastMed Gas Pipeline Deal

Israel, Greece and Cyprus have signed an agreement for a pipeline project to ship natural gas from the Eastern Mediterranean region to Europe. The deal comes amid increasing tensions with Turkey as Ankara seeks to expand its claims over gas-rich areas of the Mediterranean Sea.

Turkey Muscles-In on the Israel-Greece-Cyprus EastMed Gas Pipeline Deal

Soeren Kern | Gatestone Institute | January 13, 2020

Israel, Greece and Cyprus have signed an agreement for a pipeline project to ship natural gas from the Eastern Mediterranean region to Europe. The deal comes amid increasing tensions with Turkey as Ankara seeks to expand its claims over gas-rich areas of the Mediterranean Sea.

Israeli Prime Minister Benjamin Netanyahu, his Greek counterpart Kyriakos Mitsotakis and Cypriot President Nicos Anastasiades, along with their energy ministers, signed the so-called EastMed pipeline deal in Athens on January 2.

The 6-billion-euro ($6.6 billion) project envisages the construction of a 1,900-kilometer (1,180-mile) undersea pipeline that would carry up to 20 billion cubic meters of gas a year from Israeli and Cypriot waters to Crete and then on to the Greek mainland. From there, the gas would be shipped to Italy and other countries in southeastern Europe.

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Posted in: Energy, Geopolitics

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