Tags: EU | Cyprus | Natural Gas

Israel Expects Gas to Flow from East Mediterranean to Europe

Tuesday, 05 December 2017 07:39 AM EST

NICOSIA, Cyprus (AP) — Israel's energy minister says a potential undersea pipeline carrying natural gas from deposits in the eastern Mediterranean to Europe is "very realistic" and could help secure the continent's energy future.

Yuval Steinitz told The Associated Press Tuesday that a study on the project shows that the pipeline is feasible, even though it presents technical challenges due to the sea depths involved.

He said the estimated 6.2 billion euro (7.36 billion) pipeline could take 6-7 years to build and the countries involved in the project "are serious about it: it will happen."

Steinitz was speaking ahead of Tuesday's signing of an agreement between Cyprus, Israel, Greece and Italy to examine the possibility of building the pipeline.

The Israeli official said an undersea pipeline would be less vulnerable to sabotage.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Israel's energy minister says a potential undersea pipeline carrying natural gas from deposits in the eastern Mediterranean to Europe is "very realistic" and could help secure the continent's energy future.Yuval Steinitz told The Associated Press Tuesday that a study on the...
EU,Cyprus,Natural Gas
131
2017-39-05
Tuesday, 05 December 2017 07:39 AM
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