Chevron CEO says Israel gas pipeline could supply Europe amid crisis

Tuesday, March 8, 2022 | Tag Cloud Tags: , , , , , , , , , , , , ,

(Worthy News) – ’s natural gas shortage, which has pushed prices to multi-year highs, has revived talk of the EastMed pipeline – a Mediterranean Sea pipeline that could carry gas from to European customers, Chevron Chief Executive Michael Wirth said on Monday at the CERAWeek energy conference.

Wirth downplayed concerns over global supplies amid the ongoing - and the subsequent potential for an energy crisis.

The EastMed pipeline, meant to transfer natural gas from Israeli waters to Europe via and Cyprus, was announced in 2016, and several agreements have been signed between the three countries on the subject. They aim to complete the €6 billion ($6.54 b.) project by 2025, but no financing has been secured for it as of yet. [ Source: Jerusalem Post (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News