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12° Nicosia,
19 July, 2024
 

Powering Europe through Cyprus

Israeli PM Benjamin Netanyahu discusses major energy collaboration with Cyprus to supply Europe with natural gas via new pipeline

Source: CNA

Israeli Prime Minister Benjamin Netanyahu announces major energy collaboration with Cyprus to supply Europe with natural gas via new pipeline

Speaking before the weekly cabinet meeting, Netanyahu said last Thursday they also agreed to continue developing the tripartite alliance with Greece.

He said the "project that we focused on is the supply of Israeli gas to Europe via the pipeline from our gas field to a huge liquefaction facility that will be built in Cyprus."

This link, he added, will jump the Israeli economy forward to new heights and will strengthen Israel’s standing as an important international energy supplier".

The Prime Minister said that Europe needs natural gas and his country's intention is to provide the European market with good quality natural gas at competitive prices, adding that the new energy collaboration with Cyprus will strengthen Israel's position in the international market.

TAGS
Cyprus  |  LNG  |  gas

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