BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address*Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Natural Gas

Israel, Greece, Cyprus to push for gas pipeline to Europe: sources

LNG | Natural Gas (European)

European gas prices could play a big role in where Platts JKM prices head this winter

Natural Gas | Natural Gas (North American) | Crude Oil

Platts Upstream Indicator

Commodities | Natural Gas | LNG | Marine Fuels | Tankers | Banking

18th Annual LNG Conference

Natural Gas | LNG

Saudi Arabia, Abu Dhabi form LNG alliance as gas demand surges

Israel, Greece, Cyprus to push for gas pipeline to Europe: sources

Israel, Greece, and Cyprus have decided to take their proposal for a pipeline from gas fields offshore Israel and Cyprus to Europe, Israeli energy sources said late Thursday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

This followed talks in Jerusalem between senior government officials of the three countries.

The sources said representatives of the three countries would hold talks soon with European Union Climate Action and Energy Commissioner Miguel Arias Canete to promote the proposed pipeline that would run from offshore Israel via Cyprus and then on to Greece, approximately 1,400 km (868 miles). The EU has been looking for ways to reduce its dependence on Russian gas.

"A common pipeline is one of the strategic options for exporting gas to Europe from the Eastern Mediterranean and additional gas discoveries in Israeli and Cypriot waters will make this attractive," Israeli Energy and Water Minister Yuval Steinitz said at the end of the talks.



Greece was represented by Economy, Industry, and Tourism Minister Giorgos Stathakis and Cyprus by Energy, Commerce, Industry, and Tourism Minister Georgios Lakkotrypis.

A feasibility study conducted by IGI-Poseidon for the European Commission put the cost of the pipeline at $5.7 billion. Israel is pinning its hopes of export gas on the development of the huge Leviathan field, which is expected to begin commercial production at the end of 2019. The Leviathan partners are also considering gas exports via pipeline to Turkey and largely idle LNG plants in Egypt.

--Neal Sandler, newsdesk@spglobal.com
--Edited by Jonathan Dart, jonathan.dart@spglobal.com