On Thursday January 2nd 2020, Greece, Cyprus and Israel signed an agreement to build the EastMed pipeline to transport natural gas from the Leviathan field via Cyprus and Crete to mainland Greece and on to Italy. Cypriot gas fields are also to be connected.
The construction of the more than 1,800 km long tube is being supported by the EU, which gave the project the privileged status of "Project of Common Interest".
However this project means a turning away from the Eastern Mediterranean Gas Forum (EMGF) that involved Egypt, Israel, Jordan, Cyprus, Italy and members of the Palestinian National Authority.
Also turkish president Erdogang wants to have his say since Turkey stakes out claims on part in Cyprus.
You can read the rest of the piece via the below link:
https://www.welt.de/wirtschaft/article204725766/EastMed-Das-ist-Europas-neue-Problem-Pipeline.html?wtrid=onsite.onsitesearch
No comments:
Post a Comment