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The plan pipeline for transporting gas from Israel to Italy

in ENERGY/MIDLE EAST by

The Minister of National Infrastructure, Energy and Water, Yuval Steinitz told the management and board of the company Israel Gas Lines Company that it was considered the possibility of making it participate in the construction of a gas pipeline to export gas to the ‘Europe. Society plays a significant role in continuing to promote the connection of the economy to natural gas, and the involvement of a government project in this project is believed to increase the chances of it materializing. The plan to transport gas from Israel to Italy via Cyprus and Greece involves the construction of a subsea pipeline of 2,100 km, making it the longest submarine gas pipeline in the world. The construction cost, expected to be completed in 2025, is estimated at 25 billion NIS.

Egyptian, Greek and Cypriot public figures discuss strategic cooperation in AUC workshop

in AFRICA/PRESS RELEASE/REGIONS by

Several academic and political figures from Greece, Cyprus and Egypt gathered in Cairo on Monday for a workshop on the emerging strategic cooperation between the Eastern Mediterranean countries, especially in the fields of energy and security. The workshop was held under the auspices of the Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud Center for American Studies and Research (CASAR) at the American University in Cairo. The discussions reflected the growth of cooperation between the three nations in recent years, as evidenced by four tripartite summits involving the three nations’ leaders, the last being in Cairo in October 2016. Among the participants of Monday’s workshop was MP Nicholas Papadopoulos, president of the Democratic Party in Cyprus and candidate in the nation’s presidential elections scheduled for February 2018.He highlighted the potential for increased economic cooperation between the three nations, saying he hoped to conclude an Egypt-Cyprus commercial agreement, making Egypt an export hub for the Aphrodite gas field. The export of gas to Europe was of strategic importance to Egypt, he said.

 

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