Monday, December 1, 2014

Israel sees ‘stars aligned’ for new gas pipeline to Europe

#Energy

Israel, Cyprus and Greece seek European commission meeting to discuss major pipeline project in politically sensitive waters


Israel and Cyprus have launched a new push for EU funds to build a pipeline that could bring about 10 billion cubic metres (bcm) of their natural gas to Europe annually, and ease the continent’s energy security anxieties.


But Palestinians are warning that without a broader resolution of regional disputes, the pipeline risks becoming a source of conflict.


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