EastMed pipeline agreement to be signed in Athens on Thursday

The intergovernmental agreement for the construction of the EastMed natural will be signed this week in Athens

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An intergovernmental agreement for the construction of the EastMed natural gas pipeline is set to be signed on Thursday evening in Athens between Greece, Cyprus, and Israel.

An intergovernmental agreement for the construction of the EastMed natural gas pipeline is set to be signed on Thursday evening in Athens between Greece, Cyprus, and Israel.

The agreement will be signed by Greece’s Environment and Energy Minister Kostis Hadzidakis, Cyprus’ Energy Minister Yiorgos Lakkotrypis and their Israeli counterpart Yuval Steiniz, in the presence of Greece’s and Israel’s Prime Ministers Kyriakos Mitsotakis and Benjamin Netanyahu and Cyprus President Nicos Anastasiades, at the Zappeion Hall in Athens.

President Anastasiades will have a meeting this morning with Mitsotakis while in the afternoon he will meet with Netanyahu.

At 18:00 hours local time (16:00 GMT) a trilateral meeting between the three men will take place, following which the agreement will be signed. Anastasiades, Mitsotakis and Netanyahu will then hold a press conference.

Earlier on, at 15:45 hours local time (13:45 GMT) a trilateral meeting between the three countries’ ministers will take place.

The Eastern Mediterranean pipeline or simply EastMed is a planned offshore/onshore natural gas pipeline, directly connecting East Mediterranean energy resources to mainland Greece via Cyprus and Crete.

The project, currently in design, will move natural gas from the off-shore gas reserves in the Levantine Basin into Greece, and in conjunction with the Poseidon and IGB pipelines into Italy and other European regions.

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