Meridor: Gas will flow to Turkey via Cypriot waters

Leviathan drill platform (Photo: Albatross Aerial)
Leviathan drill platform (Photo: Albatross Aerial)

The Ministry of National Infrastructures director-general told "Bloomberg" that gas exports to Turkey could begin as early as 2019.

The Ministry of National Infrastructures, Energy, and Water Resources director-general Shaul Meridor told "Bloomberg" today that he believes that gas from Israel to Turkey could begin flowing as early as 2019. He said that any agreement with the Turks will include a mechanism to protect the flow of gas from another crisis in relations. “For banks to eventually finance such a project they will have to know that no matter what happens between the countries politically, the business side will be protected,” Meridor said.

Meridor said the pipeline's construction would not negatively affect talks to reunify Cyprus, without going into details: "We have a plan for every scenario. We’re talking with the Cypriots and with the Turks about it. I’m pretty sure we’ll find a way for the pipeline to go through Cypriot economic waters to Turkey."

<p><em>Published by Globes [online], Israel business news - <a href="http://www.globes-online.com">www.globes-online.com</a> - on December 14, 2016</em></p>

<p><em>&copy; Copyright of Globes Publisher Itonut (1983) Ltd. 2016</em></p>

Leviathan drill platform (Photo: Albatross Aerial)
Leviathan drill platform (Photo: Albatross Aerial)
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