The 2,000-km pipeline believed to be able to transfer between nine and 12 billion cubic metres of gas a year from offshore reserves between Israel and the Greek Cypriot administration to Greece, and then on to Italy and other southeastern European countries.As now designed, the pipeline would run from Israel’s Levantine Basin offshore gas reserves to the Greek Cypriot administration, Crete island and the Greek mainland.
Turkey already faces European Union sanctions over ships searching for oil and gas off Greek Cypriot administration, whose office in Nicosia is not recognised by Ankara.Turkish President Recep Tayyip Erdogan said in November he envisaged joint energy exploration activities with Libya in the eastern Mediterranean.Vice President Fuat Oktay said Turkey's pact with Libya had allowed Ankara to foil a plot to confine the country to land.
Greece responded angrily to the Turkey-Libya deal, expelling the Libyan ambassador and urging the UN to condemn it. As the new source of energy would not compete with Russian supplies to the EU, "there is no reason to see it as a big change in the geopolitical dynamic in Europe's energy market," he told AFP.said on Wednesday Athens and Nicosia had been in a hurry to finalise EastMed "to counter any attempt by the Turkish neighbour to stop the project."
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