EU Urges Feasibility Study for Importing Israeli Natural Gas

(Bloomberg) Jonathan Stearns - Top EU officials said the Eastern Mediterranean natural gas pipeline, which Israel, Greece and Cyprus are promoting, merits a feasibility study. "This is an interesting project," said Deputy Industry Minister Claudio De Vincenti of Italy, which holds the EU's rotating presidency. Russia's decision this month to halt construction of the $45 billion South Stream pipeline is emboldening efforts in the EU to find new sources of the fuel.


2014-12-11 00:00:00

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