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Israel and Italy in gas, water cooperation

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Staff writer ▼ | December 4, 2013
Israel's National Infrastructure, Energy and Water Minister Silvan Shalom promoted the idea of exporting some of Israel's natural gas to Italy, during an inter-governmental G2G meeting with Italian Economic Development Minister Flavio Zanonato in Rome.
Silvan Shalom
Silvan ShalomIsrael's National Infrastructure, Energy and Water Minister Silvan Shalom promoted the idea of exporting some of Israel's natural gas to Italy, during an inter-governmental G2G meeting with Italian Economic Development Minister Flavio Zanonato in Rome.


"The export of natural gas to Italy is in the common interest of both countries. Italy is a true ally of Israel and a major player in the arena," said Mr. Shalom.

While Israel has solidified its natural gas export policy, the country still has yet to decide where to export the amounts allocated for this purpose. Mr. Shalom and Mr. Zanonato discussed one particular option, which would involve making use of the idle liquefaction facilities in Egypt, owned by the Italian company ENI. This option would allow for Israel to transform its resource into liquefied natural gas, and from there export the gas to Italy and larger Europe.

Mr. Shalom presented plans to Zanonato who said that he would try to take action to promote such a project, as it would be the quickest and most financially viable option for all parties involved, according to the Energy Ministry.

The two ministers discussed the options of Israel exporting gas to Turkey, Greece and Cyprus, as well as the advantages and disadvantages involved with each. They also discussed the subject of compressed natural gas, and the need to actively promote the entrance of this alternative fuel resource into the public transportation sector.

At the same time, Israel's national water company Mekorot and the Italian water firm ACAE signed a cooperation agreement.

"Today the fact remains that there is almost no country in the world, even those with which Israel has no diplomatic relations, that does not use Israeli water technologies, and for that we are proud," said Mr. Shalom.


 

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