Bloomberg: Netanyahu Says Common Pipeline With Cyprus Being ‘Studied’

Israeli Prime Minister Benjamin Netanyahu said that Cyprus and Israel are studying the possibility of a common pipeline that could help export natural gas to Europe and Asia.

Netanyahu, making the first visit to Cyprus by an Israeli prime minister, said today that he and President Demetris Christofias discussed a variety of ways that the two countries can work together in energy exploration, agriculture, tourism and science. Both leaders declined to speak publicly about proposals for military cooperation.

“We are looking at the possibility -- we haven’t taken a decision -- about a 40-kilometer pipeline between the two findings” off the coast of Israel and Cyprus, Netanyahu said at a press conference with Christofias at the Presidential Palace in Nicosia. He said gas could be liquefied in either Cyprus or Israel and exported to Europe or Asia.  MORE