NICOSIA, Cyprus — Cyprus, Greece, and Israel aim to sign an agreement this year to develop a gas pipeline in the Eastern Mediterranean, Cypriot President Nicos Anastasiades says after three-way talks in the capital Nicosia.
“This construction [of the pipeline] will contribute to the security of our energy supply and of the energy supply of the European Union,” Anastasiades says after meeting the Greek and Israeli leaders.
“We reaffirmed our commitment to work with resolution to sign an intergovernmental agreement in 2018,” he adds.
Prime Minister Benjamin Netanyahu says the three countries were making “serious efforts” towards constructing the pipeline.
With financial backing from the European Union, the project envisages 2,100 kilometers of pipeline to carry gas from fields close to Cyprus and Israel.
The long-term project has an estimated cost of 5.8 billion euros and is not expected to get off the ground for a number of years, with the pipeline not due to be operational before 2025.
— AFP
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From the Liveblog of
Tuesday, May 8, 2018
Add ToI as a Preferred Source on Google
