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French magazine: Egypt turned the table on Turkey to export gas to Europe
A French magazine considered that Egypt managed to turn the table on Turkey to
become a node for the distribution of gas in the Middle East and its supply to Europe.
"After the reconciliation between Turkey and Israel in June 2016, negotiations were launched between the two countries for the supply of gas pipelines to be supplied from Israel to the European market with Providing the Turkish market, making Turkey a transit and a center for the transfer of gas to the European continent, which wants to give up the Russian gas, which bet on the Russian President Vladimir Putin.
"Turkey has been hit by a number of problems with Cyprus, because this line was supposed to cross the exclusive economic zone of Cyprus, which found the opportunity to challenge Turkey."
"Cyprus opposed the passage of this line within its region, pointing out that Erdogan's regional policies prevented Turkey from taking advantage of this treasure across the Mediterranean Sea, and Turkey found itself in front of a major alliance between Cyprus, Greece and Egypt in particular.
"Europe has become an opportunity for Egypt and Cyprus, especially in light of the tension between Russia and the old continent that has been going on since the Ukrainian crisis in 2014," she said.
The French magazine pointed out that "Europe also encourages Egypt and Cyprus to play this role," to turn the new project back to Turkey, as an Egyptian private company signed an agreement on the import and liquefaction of Israeli gas, while Egypt is currently in negotiations to enter the pipeline Which will be extended between Cyprus, Italy and Israel, to allow the direct export of gas to Europe.
http://economy-news.net/content.php?id=11400
A French magazine considered that Egypt managed to turn the table on Turkey to
become a node for the distribution of gas in the Middle East and its supply to Europe.
"After the reconciliation between Turkey and Israel in June 2016, negotiations were launched between the two countries for the supply of gas pipelines to be supplied from Israel to the European market with Providing the Turkish market, making Turkey a transit and a center for the transfer of gas to the European continent, which wants to give up the Russian gas, which bet on the Russian President Vladimir Putin.
"Turkey has been hit by a number of problems with Cyprus, because this line was supposed to cross the exclusive economic zone of Cyprus, which found the opportunity to challenge Turkey."
"Cyprus opposed the passage of this line within its region, pointing out that Erdogan's regional policies prevented Turkey from taking advantage of this treasure across the Mediterranean Sea, and Turkey found itself in front of a major alliance between Cyprus, Greece and Egypt in particular.
"Europe has become an opportunity for Egypt and Cyprus, especially in light of the tension between Russia and the old continent that has been going on since the Ukrainian crisis in 2014," she said.
The French magazine pointed out that "Europe also encourages Egypt and Cyprus to play this role," to turn the new project back to Turkey, as an Egyptian private company signed an agreement on the import and liquefaction of Israeli gas, while Egypt is currently in negotiations to enter the pipeline Which will be extended between Cyprus, Italy and Israel, to allow the direct export of gas to Europe.
http://economy-news.net/content.php?id=11400
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