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“Globes” Magazine: Israel is studying ways to increase gas exports to Europe via Syria

The economic magazine “Globes” reported that Israel and the United States of America and the countries of the region have discussed at several regional meetings the solutions to supply gas to Europe via Syria.

The magazine said in a report that two senior Israeli officials visited three countries that have no diplomatic ties with Israel in order to discuss the solutions.

The magazine added that one of these options is transporting natural gas through laying pipelines via Syria, especially after completion the fourth phase of the “Arab Gas Line” extending from Aleppo in northern Syria to Kilis in Turkey.

The magazine reported that the 60 kilometers land pipeline is much shorter and the cost is far lower than the other possibilities.

The report stated that this solution confront with security and geo-political problem because Syria is a torn country, and the Assad regime will find it hard to justify the transport of Israeli gas via Syria to Turkey.

It is noteworthy that ”Russia supplied Europe with over 155 billion cubic meters (BCM) of gas last year, about 40% of the continent’s consumption. On the assumption that some European countries will continue to receive gas from Russia, the need arises to replace 100-120 BCM of gas. The US has promised 15-20 BCM of liquefied natural gas (LNG) annually; Qatar is supposed to add 20-30 BCM, and the EastMed countries, headed by Israel, another 20 BCM. Of this, at least 10 BCM is due to come from Israel’s Leviathan reservoir, which currently produces 12 BCM annually, as reported by Globes magazine.”

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