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Greece: Huge gas pipeline deal with Israel, Cyprus to be signed January 2

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Christian Fernsby ▼ | December 23, 2019
The Greek government said Sunday that it will sign an agreement for a huge pipeline project with Cyprus and Israel next month that is designed to ship gas from the eastern Mediterranean to Europe.
Kyriakos Mitsotakis
Energy in the Middle East   Kyriakos Mitsotakis
The move comes amid tensions with Turkey over its own activities in the area and a contentious maritime deal with Libya, expanding Ankara’s claims over a large gas-rich area of the sea.

Topics: Greece gas pipeline Israel Cyprus

Greek Prime Minister Kyriakos Mitsotakis’s office said the agreement for the EastMed pipeline would be signed in Athens on January 2 with Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nicos Anastasiades.

The 2,000-kilometer (1,200-mile) pipeline will be able to transfer between nine and 12 billion cubic meters a year from offshore gas reserves between Israel and Cyprus to Greece, and then on to Italy and other southeastern European countries.