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    Daily Sabah: Israel to pick Turkey as gas partner

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Summary

Israel'stalks with Egypt, Turkey on gas export deals a blow to Greek Cypriot LNG plans and could deprive Europe of an alternative to Russian gas.

by: Sruthi

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Press Notes

Daily Sabah: Israel to pick Turkey as gas partner

Israel in talks with Egypt, Turkey on gas export deals. This plan deals a blow to Greek Cypriot LNG plans and could deprive Europe of an alternative to Russian gas. Construction of Turkey's pipeline may start in 2015

Israel's drive to export its newfound natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas. Israel has in recent months signed energy deals with Jordan and the Palestinian Authority, though relations with the Palestinians are at a low ebb, and now needs to expand its export horizons to cash in on its huge energy discoveries.

If all goes well, the latest developments could see first pipelines being laid between Israel and Turkey as soon as 2015, and a gas cooperation between Israel and Egypt is also emerging, which would allow export access to Asia's major markets.

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