Europe looks to Israel for natural gas – media

Europe looks to Israel for natural gas – media

Deliveries of Israeli natural gas via Turkey to Europe are being considered as an alternative to Russian energy supply, Turkish newspaper Yeni Şafak reported on Monday.

“Israeli gas is considered as an option, its route is planned via Turkey, through the Eastern Mediterranean,” the paper reported, adding that, in case of such an agreement, “it is expected that the Turkish ship will be on duty during transmission periods.”

The report also highlighted that “focusing on deep-water drilling for the extraction of oil and natural gas from the seas, Turkey has included a fourth drilling vessel in its fleet.”

The new drilling ship, which left South Korea on March 7, is expected to arrive in Turkey on May 19. “A new generation ship that will serve in the Eastern Mediterranean, will begin its first mission in July after two months of preparatory work, it will facilitate deep-sea exploration and dredging in the Mediterranean,” the newspaper said.

The ship can reportedly operate at depths of up to 3,600 meters, and is capable of drilling up to 12,200 meters.

In March, media reported that a Turkey-Israel gas pipeline was being discussed behind the scenes as one of Europe’s alternatives to Russian energy. The idea, first conceived years ago, is to build a subsea pipeline from Turkey to Israel’s largest offshore natural gas field, Leviathan. Gas would flow to Turkey and on to southern Europe looking to diversify away from Russia.

Industry officials, however, have warned of production restraints and geopolitical factors that could leave the plan dead in the water. Lebanon has claimed that the gas field extends into its waters.

For more stories on economy & finance visit RT's business section

Source: www.rt.com

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