(Jerusalem Post) Lahav Harkov - On Thursday, Israel, Greece and Cyprus signed an agreement to construct an undersea natural gas pipeline from Israel and Cyprus to Europe. Dore Gold, president of the Jerusalem Center for Public Affairs and former director-general of the Israel Foreign Ministry, explained that "the EU believes they need to diversify energy sources." "They now depend on Algeria, Russia and Norway" for energy, he said. "Algeria could sink into a new jihadist storm. Russia depends on the nature of relations [with the EU] at any given time. It makes sense for them to obtain Eastern Mediterranean gas without cutting off what they have." With gas flowing from Israel and Cyprus, the EU could have greater energy security for its member states, and competition in the market to lower prices.
2020-01-07 00:00:00Full ArticleBACK Visit the Daily Alert Archive