Israel seeks natural gas cooperation with Greece

25/01/2011 12:00 Natural Gas


After the recent natural gas discovery in the Leviathan field, Israeli officials faced several options for natural gas transportation.

One of the possibilities came with the visit in Athens of Israeli Prime Minister Benjamin Netanyahu last year. He suggested building a pipeline between Israel’s offshore fields and the Greek mainland. According to Reuters report, the Greek Minister of Investment, Harris Pamboukis declared that Greece began exploratory talks with Israel on cooperation to carry the recently discovered gas in the Israeli sea to markets in Europe. This collaboration deal was discussed previously by Harris Pamboukis during his visit to Israel last week to build ties between the eastern Mediterranean states. The Hellenic Investment Minister Harris Pamboukis, declared on Monday that Israelis have found large amounts of gas in the Mediterranean and the Greeks are trying to see how they could be seen as a center of transportation and services as towards the Balkans and Europe. Israel has already discussed further cooperation on natural gas with the Greece’s neighbor, Cyprus.

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