Greece, Cyprus & Israel present pipeline plan to EU

Greece, Cyprus & Israel present pipeline plan to EU

Energy ministers of Greece, Cyprus and Israel will hold talks with the EU regarding a plan for a pipeline linking gas riches in the eastern Mediterranean to Europe.

Theo Ioannou
ΓΡΑΦΕΙ: THEO IOANNOU

The Cypriot Energy Minister Yiorgos Lakkotrypis told Reuters the three countries would put their case forward for a technical and feasibility study on building a pipeline through the Mediterranean westwards to Europe, tapping hydrocarbons discovered in the Levantine Basin.

They had asked for a meeting with Maroš Šefčovič, the European Commissioner for Energy Union, Lakkotrypis said. Greece's Energy Minister Yannis Maniatis also said there would be announcements next week in Brussels. "The project is absolutely feasible and viable," Maniatis said in a speech in Athens.

An EU official confirmed a meeting had been requested. The EU has drawn up a list of priority projects considered to play a role in completing the EU energy union and they include infrastructure to ship eastern Mediterranean gas.

Last week, Cyprus and Egypt discussed Cypriot reserves, including the possibility of piping them to Egypt.

Source: Reuters

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