Israel seeks natural gas cooperation with Greece

25/01/2011 12:00 Natural Gas

news

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.

Geothermal energy projects in the US receive $46m boost

26/02/2021 08:55:00

A total of 17 projects in the US are receiving up to a total of $46 million (£33m) in funding for domestic, carbon-free geothermal energy, with the potential to supply power to homes across the country.

<READ MORE

Ford CEO calls on US government to support EV batteries, charging

26/02/2021 08:51:00

Ford Motor Co's Chief Executive on Wednesday called on the US government to support battery production and charging infrastructure development, as he outlined the automaker's plan to develop electric platforms for its top-selling trucks, vans and SUVs.

READ MORE

Daily (25.02.2021): Carbon EUAs gained 1.2% on Wednesday amid a rising energy market

25/02/2021 10:49:00

Crude prices continued to climb on Wednesday, supported by a decline in US oil supply after a historically cold weather hit the country's main oil regions. As a result, Brent crude increased by 2.6% to $67.04 a barrel and WTI oil rose by 2.5% to $63.22 a barrel.

READ MORE