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Tags: united states | israel | eastmed pipeline | turkey | erdogan

US Tells Israel It Has Pulled Support of EastMed Pipeline to Europe

US Tells Israel It Has Pulled Support of EastMed Pipeline to Europe
On Jan. 2, 2020, Cypriot President Nikos Anastasiadis, Greek Prime Minister Kyriakos Mitsotakis, and Israeli Prime Minister Benjamin Netanyahu and shake hands in Athens ahead of the signing of an agreement for the EastMed pipeline project. (Aris Messinis/AFP via Getty Images)

By    |   Wednesday, 19 January 2022 09:37 AM

The U.S. has pulled its support for the proposed EastMed natural-gas pipeline from Israel to Europe, the Biden administration has told informed Israel, Greece, and Cyprus, The Jerusalem Post reports.

The news organization cited an unnamed diplomatic source.

The ubsea pipeline is intended to supply natural gas from the eastern Mediterrean to Europe.

Turkish President Tayyip Erdogan, who opposes the project, said Tuesday that the U.S. withdrew its backing because the plan made no economic sense.

Touted as an alternative to help ease Europe's dependence on Russian gas, the 1,900-km project would initially be expected to carry 10 billion cubic meters of gas a year. But it remains unclear whether the project will ever go ahead.

Turkey has long opposed the project, which is backed by Greece, Cyprus and Israel and had also enjoyed the support of the former Trump administration in the United States.

"This project is not something that can happen. They (the United States) carried out all the analyzes, and they saw it had no positive sides. In other words, the cost calculations don't add up," Erdogan told reporters during a visit to Albania, according to broadcaster NTV.

"The United States takes all its steps based on capital in any case. Since the cost calculations for this didn't add up, it pulled its support," he added.

Erdogan reiterated his view that the project "cannot work without Turkey."

Under a cooperation deal sealed two years ago, Greece, Cyprus, and Israel aim to reach a final investment decision for the pipeline in 2022 and to complete its construction by 2025.

It would transport gas from Israeli and Cypriot waters to Greece and into Europe's gas network via Italy. But regional politics could well scupper such plans.

NATO allies Turkey and Greece are at odds over their competing maritime jurisdiction and energy rights in the eastern Mediterranean. Turkey has no diplomatic relations with the internationally recognized government of Cyprus, instead backing a breakaway Turkish Cypriot entity in the north of the island.

Amid an apparent thaw in Turkey's long-troubled ties with Israel, Erdogan was quoted as saying on Tuesday that the two countries had previously attempted to cooperate on energy resources but that talks had never moved far ahead.

"Is there no hope of reaching something now? We can sit down and discuss terms," he said, without elaborating.

Reuters was used in compiling this report.

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GlobalTalk
The U.S. has pulled its support for the proposed EastMed natural-gas pipeline from Israel to Europe, the Biden administration has told informed Israel, Greece, and Cyprus, The Jerusalem Post reports.
united states, israel, eastmed pipeline, turkey, erdogan
395
2022-37-19
Wednesday, 19 January 2022 09:37 AM
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