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July 18, 2008       Share:    

Source: http://uk.reuters.com/article/oilRpt/idUKL176893220080717

Israel and Russia Close to Deal on Mediterranean Pipeline

[Reuters ] Orhan Coskun - Israel is close to an agreement with Russia that would secure natural gas for a planned pipeline project between Turkey and Israel, Israeli Infrastructure Minister Binyamin Ben-Eliezer said on Thursday. The project consists of five pipelines that would carry water, natural gas, oil, electricity and fiber optics. Azerbaijan has said it is interested in using the pipeline to ship its oil to eastern markets, Ben-Eliezer said.

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