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Source: https://jcpa.org/europes-urgent-need-for-israeli-gas-production/
Europe's Urgent Need for Israeli Gas Production
(Jerusalem Center for Public Affairs) Amb. Dore Gold - The crisis over Ukraine in 2022 has illustrated just how important the diversification of the sources of European gas has become and the urgency of finding alternatives to Russian gas, if only to reduce Moscow's leverage over Europe and the NATO alliance. The new Israeli government has halted the granting of licenses for natural gas exploration for one year while the Energy Ministry devotes its efforts to renewable energy. In the aftermath of the war in Ukraine, there are multiple reasons why work on the East Med pipeline must be resumed as soon as possible, along with gas exploration in the Eastern Mediterranean. Moreover, increasing the supply of gas to the West will also help drive down its price, thereby undermining Russia's ability to fund its war machine in the future. The writer, former Director-General of the Israel Ministry of Foreign Affairs and Israeli Ambassador to the UN, is President of the Jerusalem Center.