The project will operate as part of the much larger pipeline network to transport gas to Europe via Greece and Italy. Israeli Energy Minister Yuval Steinitz and Egyptian Minister of Petroleum and Mineral Resources Tariq Al-Mulla agreed during a meeting in Jerusalem to extend an underwater gas pipeline from the Israeli offshore Leviathan field to the Egyptian offshore liquefaction facility. The pipeline will allow an increase in Israeli gas to Europe due to the increasing demand for natural gas. The project will operate as part of a network for a much larger project to transport gas via an underwater pipeline from Israel to Europe via Greece and Italy. Related materials Agreement signed to operate Israeli pipelines for UAE oil Israel, Greece and Cyprus are preparing to sign the EastMed Pipeline Agreement. Today’s meeting was within the framework of the EastMed Gas Forum (EMGF) that was formed in January 2020, in which Cyprus, Greece, Italy and the Palestinian Authority were formed as well as Israel, Egypt and the United Arab Emirates having an associated status. Prime Minister Benjamin Netanyahu joined the meeting and said: “This is an important day that symbolizes a new era of peace and prosperity in the region with the Abraham Agreements. It all started of course with the historic peace agreement between Israel and Egypt and it has now started. The establishment of the Eastern Mediterranean Gas Forum “. We are in talks between our teams in order to expand and improve cooperation between countries in everything related to energy, and we expect a fruitful visit.” Published by Globes, Israeli Business News – en.globes.co.il – on February 21, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021 Yuval Steinitz
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