- Article
- Comments ()
- Videos
JERUSALEM -- Leaders in Israel and Turkey envision a network of four underwater pipelines for transporting Russian oil and natural gas, with feeder lines to Jordan, the Palestinian Authority and Lebanon.
The joint Turkish-Israeli development plan holds the promise of accelerating economic growth in the Middle East. A $50 million feasibility study is financed by the Luxembourg-based European Investment Bank, officials from Turkey and Israel say.
India is a main backer of the proposed network of pipelines because of the energy needs of its fast-growing economy.
Delivery of oil and natural gas by means of pipelines that traverse Turkey and Israel through conduits beneath the eastern Mediterranean is considered more practical than an overland route across turbulent Central Asia.
"Turkey gets most of its natural gas from Russia," said Gabriel Levy, a senior official at the Israeli Ministry of Infrastructure here, noting that a pipeline conveys the gas beneath the Black Sea to Ankara, the Turkish capital. "Russia and Turkey decided they should have another customer."
Israel would be a major beneficiary of a pipeline network, Mr. Levy said. He predicted that by 2010, 40 percent of Israel's energy needs will be filled by imported natural gas.
In Tel Aviv, the Turkish Embassy's deputy chief of mission, Mehmet Kemal Bozay, also was enthusiastic about a "long-range project" that eventually could serve Lebanon, Jordan and the Palestinian Authority as well.
A seasoned diplomat who served in Tehran and at U.N. headquarters in New York, Mr. Bozay stressed the ecological advantages of using pipelines rather than tankers to transfer crude oil from country to country.
"We don't want any more tankers sailing through the Bosphorus," he said, referring to the congested international waterway that separates the European and Asian segments of Turkey.
Gazprom, the giant Russian energy conglomerate, also backs the multiple pipelines scheme. As the world's leading exporter of natural gas and the eighth-biggest oil company, Gazprom has eyed Israel as a potential market.









Post a comment
There are comments on this article, submit your opinion!
If you feel there is still something worth mentioning about this entry please contact the author or the site admin.