Economy13:37 · Jun 12
Israel, Greece, Cyprus and the US Launch Joint Eastern Mediterranean Energy Center
Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English
Israel, Greece, Cyprus and the United States launched the “Eastern Mediterranean Energy Center” in Houston on Tuesday, and agreed to prepare a joint roadmap for energy cooperation by the end of the year.
The initiative is part of the 3+1 Energy Dialogue and is meant to focus on energy security, the development of offshore gas fields, infrastructure, innovation and research.
The launch brings the four countries into a new framework for coordinating regional energy policy and projects, with the roadmap expected to define the next stage of cooperation by year-end.