Israel and Cyprus to expand energy cooperation, link to European markets

NICOSIA – Israel and Cyprus agreed on Tuesday to expand their cooperation on energy issues, including the use of pipelines and electricity grids to link to European markets, as both countries develop natural gas fields off their coasts.

Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nicos Anastasiades said they would seek to tap the potential of natural gas in the sea bed beneath both countries.

"There is palpably renewed energy in our relationship, I mean that figuratively and literally," Netanyahu said. "… We think that by cooperating with each other we can take it out more easily, we can market it better, to the betterment of both our societies."

Source: http://www.jpost.com/Israel-News/Israel-and-Cyprus-to-expand-energy-cooperation-link-to-European-markets-410397

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