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Last update - 16:19 17/07/2008
Israel and Russia close to deal on Mediterranean pipeline
By Reuters
Tags: Israel, Turkey, Russia 

Jerusalem is close to an agreement with Moscow that would secure natural gas for a planned pipeline project between Turkey and Israel, Infrastructure Minister Binyamin Ben-Eliezer said on Thursday.

The project consists of five pipelines that would carry water, natural gas, oil, electricity and fibre optics from Turkey's Mediterranean coast to Israel.

"We are very close to reaching an agreement with Russia that would supply the pipeline with natural gas," Ben-Eliezer said after meetings with Turkish energy officials over technical details of the pipeline project.
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Feasibility studies on an accompanying oil pipeline will be done in 10 months, said Turkish Energy Minister Hilmi Guler, adding that the pipeline could carry at least 40 million tonnes of oil annually.

The oil pipeline is also seen as an important step to reducing the time it takes to transport crude oil to eastern Asia. Azerbaijan has said it is interested in using the pipeline to ship its oil to eastern markets, Ben-Eliezer said.

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      1.   Jerusalem close to a deal! What does this mean? 18:21  |  lakshmi 17/07/08
      2.   The 5 pipelines look good if proven cost efficient 19:28  |  S 17/07/08
      3.   Sorry lakshmi, Jerusalem will never be divided 20:38  |  Kin 17/07/08
      4.   When will they ever learn 20:46  |  Dennie 17/07/08
      5.   Bad idea - better invest in Solar power 20:53  |  bob 17/07/08
      6.   Dennie #4 21:05  |  S 17/07/08
      7.   More power for the Russians 21:30  |  Euro 17/07/08
      8.   # 3 kin 21:50  |  Axel 17/07/08
      9.   Response to No. 1 (Lakshmi) 22:02  |  Batwoman 17/07/08
      10.   Add a water pipe while you`re already at it guys 22:56  |  YS 17/07/08
      11.   #3 Kin--I Have A Better Idea... 23:50  |  Bobby the Jew 17/07/08
      12.   #5 Bob is Right - Use Negev for Solar 00:11  |  Greg Whitcher 18/07/08
      13.   Kin from Miami 00:34  |  HA HA 18/07/08
      14.   Pipes Will be destroyed by Terrorists 01:14  |  Steve 18/07/08
      15.   Pipe dream or a pipe line... 02:28  |  Edithann 18/07/08
      16.   sorry kin, Jerusalem will never remain jewish 04:05  |  avi 18/07/08
      17.   sorry kin, Jerusalem will never remain jewish 04:05  |  avi 18/07/08
      18.   Solar power on a large scale is a much better 17:24  |  Joe 19/07/08
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