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Industrial Valve Summit

The United States is no longer supporting the construction of EastMed gas pipeline

inNews 2021 oil&gas

The United States is no longer supporting the construction of EastMed gas pipeline

Washington’s interest is now switching to renewable energy sources such as the planned EuroAfrica subsea electricity interconnector from Egypt to Crete and the Greek mainland, and the proposed EuroAsia interconnector to link the Israeli, Cypriot and European electricity grids. The US State Department has said: “We remain committed to physically interconnecting East Med energy to Europe. We are shifting our focus to electricity interconnectors that can support both gas and renewable energy sources. At a time when Europe’s energy security is more than ever a question of national security, we are committed to deepen our regional relationships and promote clean energy technologies”. In 2020, Cyprus, Greece and Israel signed a “historic” agreement for the construction of the Eastern Mediterranean pipeline, which aims to transfer between 9 and 12 billion cubic metres a year of offshore gas pumped in fields between Israel and Cyprus to Greece, and then on to Italy and other south-eastern European countries.

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