RT.com
16 May 2022, 17:43 GMT+10
The continent is searching for an alternative to Russian energy supplies, Turkish newspaper reports
Deliveries of Israeli natural gas via Turkey to Europe are being considered as an alternative to Russian energy supply, Turkish newspaper Yeni ?afak reported on Monday.
"Israeli gas is considered as an option, its route is planned via Turkey, through the Eastern Mediterranean," the paper reported, adding that, in case of such an agreement, "it is expected that the Turkish ship will be on duty during transmission periods."
The report also highlighted that "focusing on deep-water drilling for the extraction of oil and natural gas from the seas, Turkey has included a fourth drilling vessel in its fleet."
The new drilling ship, which left South Korea on March 7, is expected to arrive in Turkey on May 19. "A new generation ship that will serve in the Eastern Mediterranean, will begin its first mission in July after two months of preparatory work, it will facilitate deep-sea exploration and dredging in the Mediterranean," the newspaper said.
The ship can reportedly operate at depths of up to 3,600 meters, and is capable of drilling up to 12,200 meters.
In March, media reported that a Turkey-Israel gas pipeline was being discussed behind the scenes as one of Europe's alternatives to Russian energy. The idea, first conceived years ago, is to build a subsea pipeline from Turkey to Israel's largest offshore natural gas field, Leviathan. Gas would flow to Turkey and on to southern Europe looking to diversify away from Russia.
Industry officials, however, have warned of production restraints and geopolitical factors that could leave the plan dead in the water. Lebanon has claimed that the gas field extends into its waters.
For more stories on economy & finance visit RT's business section
(RT.com)
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationLONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...