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EU: Israel gas unlikely to reach Europe

Oil&Gas Materials 19 June 2013 10:10 (UTC +04:00)
The European Commission sees no Israel gas to reach Europe via the Southern Gas corridor, a source in the Energy Department of the Commission told Trend.
EU: Israel gas unlikely to reach Europe

Azerbaijan, Baku, June 13 / Trend V. Zhavoronkova/

The European Commission sees no Israel gas to reach Europe via the Southern Gas corridor, a source in the Energy Department of the Commission told Trend.

Last week foreign media reported that the European Union (EU) is eyeing Israel as a likely alternative gas supplier and has proposed linking it to the Trans-Adriatic Pipeline (TAP).

According to the report, Israel's decision depends on whether the government approves gas exports. A decision is due to be taken in the coming weeks as the government continues to grapple with divergent views on the issue.
The European Commission is not aware of any connection [of Israel gas] to TAP, the EC source said.

"We think it is likely that no gas from Israel will reach Europe," the source added.
The Southern Corridor is one of the EU's priority energy projects aimed at diversifying the routes and sources of energy supply, thereby increasing secure delivery. Gas to be produced during the second phase of the Azerbaijani Shah Deniz field development is considered as the main source for the Southern Gas Corridor projects.

Currently, the Shah Deniz consortium considers two options for its gas transportation to Europe - TAP and Nabucco West. The final decision on the pipeline route will be made in June, 2013.

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