EastMed underwater pipeline to be discussed at four-party meeting

The Ministers of Energy of Cyprus, Greece, Italy and Israel will have a meeting in the beginning of April 2017 to discuss the potential of transporting natural gas from the Eastern Mediterranean to Europe via Greece and Italy.

According to the press, Israel has taken up the task of hosting the four-party ministerial meeting. The main topic of discussion will be an underwater pipeline, the largest planned pipeline in the world.

The total length of the pipeline is estimated at 2,000 kilometres, with the cost estimated at €5.5 billion. To prepare for the meeting there was recently another meeting of the general managers of the Ministries of Energy of the four countries in Brussels, where it was agreed upon that the Ministers meet in Israel.

The East Mediterranean pipeline is not only the one on Israel’s mind. A Turkish representation is in Israel these days to discuss matters pertaining to the energy cooperation between the two countries. At the core of their discussions will be a pipeline to transfer natural gas to Europe via Turkey.

Source: InCyprus