Energy and security will work to the benefit not only of Israel but for the people of Europe. It will lead to the stability of governments, stability of energy prices, stability in the energy markets.”
The Israel-Europe Pipeline. The Geo-Political and Strategic Umbilical Cord.
After fairly rapid negotiations, Israel has agreed with European nations to supply Europe with its future natural gas needs. The project will turn Israel into a significant fuel-exporting nation.
Construction will begin on the longest and deepest underwater fuel pipeline in the world. 1,305 miles in length and lying 1.86 miles under the Mediterranean Sea. The $7 Billion project will take five years to complete.