Chevron CEO says Israel gas pipeline could supply Europe amid crisis


europe israel worthy ministries(Worthy News) – Europe’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 Israel to European customers, Chevron Chief Executive Michael Wirth said on Monday at the CERAWeek energy conference.

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

The EastMed pipeline, meant to transfer natural gas from Israeli waters to Europe via Greece 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…) ]

14
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Mossad Chief: Israel Must Ensure Iran Never Revives Nuclear Program
Trump Expands U.S. Travel Ban to Palestinian Authority Passport Holders, Adds More Nations
Testimony: At Least 18,000 Suspected Terrorists Released Into U.s. During Biden Admin
Republican Health Care Plan Would Reduce Premiums By 11%, Cbo Says
Chile Elects José Antonio Kast in Landslide, Signaling Shift Toward Security, Borders, and Free Markets
Zelenskyy: ‘Ukraine Peace Proposals Likely Finalized Within Days’ (Worthy News Radio)
Scores Killed In Morocco Flooding (VIDEO)
Thousands Of Christians Thank God For 32 Years Of Peace In Mexico’s Chiapas
Chabad Rabbis, Child Among Victims Of Sydney Hanukkah Terror Attack
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