European Union Climate Action and Energy Commissioner
Miguel Arias Cañete
will travel to Tel Aviv on April 3 to discuss the potential of gas from
the eastern Mediterranean region for Europe with the Energy Ministers
from Israel, Greece, Cyprus and Italy.
At the ministerial EastMed Energy Summit, the Commissioner and
Ministers will discuss East Med developments in the energy sector and
options for meeting the needs of the Israeli and European gas markets.
“In the next decades gas flows from the eastern Mediterranean region
will play a vital role in the energy security of the European Union,”
Cañete said. “The Commission strongly supports the construction of the
necessary energy infrastructure and developing a competitive and liquid
gas market in the region,” he added.
The East Mediterranean gas findings could play an important role in
helping both producing and neighbouring countries to address their
energy security problems. They could also have a growing role in the
EU’s diversification strategy, the Commission said. In this context the
EastMed Gas Pipeline is one of the possible future infrastructure
options to bring gas reserves of the East Med region to Europe and other
international markets.
The ending of energy islands and diversification of EU gas supplies
is an important objective of this Juncker Commission as laid down in the
Energy Union Strategy. As part of this, the EU is working with
countries in north Africa, the Middle East and the eastern Mediterranean
to open up new routes that can bring gas to Europe.
https://www.neweurope.eu/article/eu-eyes-east-mediterranean-gas-supplies/