Israel, Greece, Cyprus plan underwater gas pipeline

14/09/2018 09:35 Natural Gas

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Netanyahu meets with Greek, Cypriot foreign ministers as three countries plan gas pipeline to Europe

Prime Minister Binyamin Netanyahu on Thursday, at the Prime Minister's Office in Jerusalem, held a trilateral meeting with Greek Foreign Minister Nikos Kotzias and Cypriot Foreign Minister Nikos Christodoulides. He also met with both men separately.

 

The three discussed, in continuation of previous meetings, the laying of a joint Israel-Cyprus-Greece East-Med gas pipeline in order to export gas to Europe. They also discussed – inter alia – regional issues, the deepening of cooperation and the initiative to establish a multi-national firefighting force.

 

"Foreign Minister Christodoulides and Foreign Minister Kotzias, this is one of our regular meetings between Israel, Greece and Cyprus. We have many things that we cooperate on—the environment, energy, security, emergency services, tourism, many others,” said Netanyahu.

Source: israelnationalnews.com

Daily (14.11.2018): Oil prices dropped by around 7% on Tuesday, due to oversupply

14/11/2018 11:45:00

Oil prices plummeted on Tuesday, due to a rise in production and concerns over a slower consumption growth in 2019. OPEC and non-OPEC members are discussing the need for output reductions to avoid a significant rise in stocks. Brent crude declined by 6.6% to settle at $65.47 a barrel, while WTI crude tumbled by 7.1% to end at $55.69 a barrel.

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Wind to be EU's largest power source well before 2030

14/11/2018 09:54:00

Wind energy is set to overtake coal, nuclear and gas to become the EU’s largest power source well before 2030, WindEurope quoted the International Energy Agency's (IEA) World Energy Outlook Report on Tuesday.

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Turkey acquires second vessel for oil and gas exploration

14/11/2018 09:48:00

Turkey has acquired a second vessel for oil and gas exploration, the Turkish Ministry of Energy and Natural Resources said.

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