Greece, Cyprus, Italy, Israel Sign MoU for East Med Gas Pipeline

(New Europe-Belgium) Kostis Geropoulos - On Dec. 5, Greece, Cyprus, Italy and Israel signed a memorandum of understanding for constructing an underwater gas pipeline from the Eastern Mediterranean region to Greece and Italy, which will allow the transportation of newly discovered Cypriot and Israeli gas reserves to mainland Europe. Greek Energy Minister Giorgos Stathakis said that the East Med pipeline is "technically and economically viable."


2017-12-06 00:00:00

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