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Israel, Greece and Cyprus are to discuss gas pipeline according to the Globe

Israel, Greece and Cyprus are to set up working groups to examine the possibility of a power cable and an energy corridor connecting the countries. This was agreed at a meeting held today in Cyprus between Minister of Energy and Water Resources Uzi Landau, the Cypriot minister of industry and commerce and the Greek deputy energy minister.

The energy corridor is intended to enable future exports of gas from Israeli and Cypriot reserves to Greece via a pipeline, liquefaction installation, or other technology. At the meeting, Landau said that Israel's policy on gas exports had still not been determined, and was waiting on adoption by the government of the Tzemach committee recommendations.

Full article: http://www.globes.co.il/serveen/globes/docview.asp?did=1000797089&fid=1725

Print 17:45, 08 Nov 2012 - Commodities - Source: Globe