Israel has grand plans to ride to Europe’s rescue by offering a ready supply of natural gas to help the continent shake off its reliance on Russian energy. On paper, getting gas from the eastern Mediterranean holds plenty of appeal for the world’s most energy-import-dependent region, which was on the prowl for alternative suppliers even before Moscow’s incursion into Ukraine.
But building a pipeline from Israel to Greece, where the gas would then be shipped overland to other European countries, would be a hugely complicated and expensive way to get relatively small volumes of natural gas into Europe. The proposed pipeline …read more
Source: Foreign Policy
