Industry Focus: EastMed pipeline faces technical challenges, competition
5/1/2021
The outcome of the EastMed pipeline project—a planned, 1,900-km (1,180-mi), subsea pipeline that would supply Europe with 9 Bm3y–12 Bm3y of natural gas from the Eastern Mediterranean—is being closely watched by many on the global stage. If built, it would be the world’s longest and deepest subsea gas pipeline and provide considerable energy resources to European markets. Partners eye fast track to 2025. Greece, Cyprus and Israel signed an agreement in January 2020 for the EastMed pipeline to pump offshore gas between Israel and Cyprus to Greece, and then to Italy and other Southeast European countries. The three stakeholder countries plan to take a final investment decision (FID) by 2022 on
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