In Nicosia on Tuesday 5 December, the energy ministers of Cyprus, Greece, Italy and Israel signed a memorandum of understanding for the construction of an undersea gas pipeline, EastMed, to carry the gas recently discovered in the eastern Mediterranean to the markets of South Europe.
This project will “secure a direct long-term export route from Israel and Cyprus to Greece, Italy and other European markets” … “thereby strengthening EU’s security of supply”, says a statement in...