The three countries will examine the feasibility of a pipeline from the gas fields to Greece for exporting gas to the EU.
The Ministers of Energy of Israel, Cyprus and Greece today announced the formation of a joint committee to consider cooperation in exports of Israeli and Cypriot gas by way of Greece. The directors general of the Ministries of Energy of the three countries will head the committee.
At a trilateral meeting today, Greece, Cyprus, and Israel decided to establish the committee to consider different ways of exporting Israeli and Cypriot gas to Europe. One way under consideration is construction of a direct pipeline from the gas fields in Israeli and Cypriot waters to Greece, from where gas can be exported to the European Union.
Published by Globes [online], Israel business news - www.globes-online.com - on January 28, 2016
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