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

Trump Issues Stark Warning to Iran as Strait of Hormuz Crisis Deepens, Military Strikes Intensify
Iran Launches Long-Range Missiles at U.S.-U.K. Base, Signaling New Global Threat
Iranian Missile Strikes Injure 175 in Southern Israel as Netanyahu Warns of Expanding Threat
ICE Agents To Assist With Airport Security Beginning Monday, Trump Says
U.S. Supreme Court To Hear Mail-in Ballots Case Monday
Trump Backs Orbán At CPAC As Migration, ‘Islamization’ Dominate Election Debate
Concerns Grow Over Russian Links To Hungary Election Monitoring Mission
Trump Signals ‘Wind-Down Of Iran War’ As Markets Tumble (Worthy News In-Depth)
US Vice President Vance To Visit Hungary Ahead Of Crucial Election; CPAC Gathers Global Conservative Figures
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