Israel intends to work on a project to supply gas to Europe through Cyprus, Israeli Prime Minister Benjamin Netanyahu said.
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The Prime Minister noted that he had agreed with Cypriot President Nikos Christodoulidis, whom he met on Thursday, on the further development of the Israel-Cyprus-Greece alliance of Middle Eastern democracies.
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“The alliance that we built a few years ago holds very important prospects, primarily for Israel’s position as an energy power. The project on which we have focused is the supply of gas from Israel to Europe via a gas pipeline from our gas fields to a gas liquefaction plant to be built in Cyprus. This link will take the Israeli economy to a new level and strengthen Israel’s position as an important international energy supplier,” Netanyahu said at the opening of the Israeli government meeting.
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Netanyahu emphasized that, in his opinion, the organization of an efficient and inexpensive delivery of gas from Israel to Europe would greatly strengthen the position of his country.
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Greece, Cyprus and Israel in January 2020 signed an agreement on the construction of the East Mediterranean Gas Pipeline (EastMed). It was planned through this gas pipeline to supply energy carriers from the Israeli Leviathan field and the Cyprus Aphrodite field through the islands of Cyprus and Crete to the mainland of Greece, and in the future to bring gas to Italy. The United States initially actively supported the project as leading to a reduction in the EU’s dependence on Russian gas and a reduction in Russia’s presence in the region, but then withdrew its support, explaining this by environmental reasons, the financial failure of the project and the fact that the pipeline would create tension in the region, since it was opposed to its construction Turkey is speaking.
