Proposed EastMed Gas Pipeline is Not Viable: US Diplomat

Cyprus, Israel and Greece have been considering a pipeline connecting east Mediterranean gas discoveries to Europe, but the project took a setback when the U.S. pulled its political support for the project in January.

Reuters

Europe needs to swiftly find alternative sources of energy following Russia’s invasion of Ukraine but a proposed pipeline taking east Mediterranean gas to the continent via Israel, Cyprus and Greece is not viable, a senior U.S. diplomat said.

“The idea there is to build a very long pipeline in very deep water over some 10 years and we believe that it is too expensive, not economically viable and will take too long,” said Victoria Nuland, undersecretary of state for political affairs.

“Frankly, we don't have 10 years,” she told reporters in the Cypriot capital Nicosia.

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