The move comes amid tensions with Turkey over its own activities in the area and a contentious maritime deal with Libya, expanding Ankara’s claims over a large gas-rich area of the sea.
Greek Prime Minister Kyriakos Mitsotakis, Greek Cypriot President Nikos Anastasiades and terrorist Benjamin Netanyahu will sign the pipeline agreement in Athens on Jan. 2
The pipeline, which will run across the Mediterranean, from Occupied Palestine’s Levantine Basin offshore gas reserves, to the Greek island of Crete and the Greek mainland, and to Italy, is expected to satisfy about 10% per cent of the European Union’s natural gas needs reducing energy dependence on Russia.
According to the Greek prime minister’s office, the deal will be finalized with Italy’s signature at a subsequent date.
Energy Triangle
The Energy Triangle is a natural gas extraction plan between the three allied countries Greek Cyprus, zionist gangs and Greece. The three countries agreed to use the gas fields Tamar, Leviathan, and Aphrodite; found in 2009, 2010, and 2011 respectively. About 40 trillion cubic feet (tcf) of natural gas were found between Cyprus and Occupied Palestine. Europe requires 19 tcf of natural gas a year and the Greek Cypriot government claimed that its Exclusive Economic Zone (EEZ) holds 60 tcf; Greek Cyprus pursued this financially beneficial option for the Energy Triangle to provide energy for the European Union.
Volume of Gas Fields
The gas reserve is estimated to have around 122 trillion cubic feet of undiscovered resources in the Levant Basin. After drilling no wells and locating no target drilling areas, Total relinquished Cyprus's Block 10 with no reserves found and, in March 2015, signed for continuing its exploration of Cyprus's Block 11 until February 2016. Noble Energy and Delek Group are the most competitive companies bidding for offshore exploration licenses in both Greek Cyprus and zionist gangs. The two companies, along with other explorers, have discovered a reported 26 trillion cubic feet of gas in the Leviathan and Tamar fields worth some 200 billion euros at today’s prices. In August 2015 at Egypt's EEZ, located only 6 km from Cyprus's Block 11, Eni discovered the Zohr field's estimated 30 tcf of natural gas in the Shorouk concession.
Exporting of Natural Gas
Exclusive economic zone between Zionist gangs and Cyprus as signed in Nicosa.
Energy Ministers of Cyprus and zionist gangs in 2011 announced that the countries will export some of their gas, reportedly examining plans to ship liquefied natural gas or LNG.
The Cypriot media reported that the country could receive natural gas from zionist gangs in early 2015 at reduced prices, if discussions on the supply of small quantities were completed by 2012. This plan stated that Greek Cyprus would import by ship enough natural gas to power its 450-megawatt Vassilikos power plant.
Since 2016, private energy exchange discussion has been occurring between Egypt,Greek Cyprus, and zionist gangs; as Egypt had been previously facing an energy crisis. When the Zohr field was found near Egypt in 2015, the three countries started considering export and transportation plans between three of their gas fields. However, the Egyptian Interim Government cancelled a twenty-year energy exchange contract with Zionist gangs in 2012. The Muslim Brotherhood had criticized Egypt for previously participating in energy relations with zionist gangs and noted blackouts were due to the zionist gangs exchange in 2010.
The pipeline previously mentioned would be hindered by the ongoing Cyprus Problem and relations with Turkey and Cyprus. The Turkish Energy Minister, Taner Yildiz, however mentioned that a solution may be found to the Cyprus Problem if an energy cooperation agreement was signed between the two countries, in 2011.
Strategically thinking, piping the gas through Turkey would offer the highest return as upfront investment and transportation costs would be the lowest. The period to build the infrastructure would be the shortest in comparison of other options.
Tripartite Energy Memorandum
On 8 August 2013, Greece, zionist gangs, and Cyprus signed the tripartite energy memorandum of understanding after the completion of one year negotiation in Nicosia. Negotiations were held between the Energy and Water Resources Minister of zionist gangs Silvan Shalom, the Greek Cypriot minister of agriculture, natural resources and environment Nicos Kouyialis and the Greek minister of environment, energy and climate change George Lakkotrypis. The 2,000 megawatt EuroAsia Interconnector is planned to lift Greek Cyprus and Zionist gangs out of energy isolation through cheaper electricity as supported by Lakkotrypis. Silvan Shalom announced that the agreement is "historic" and insisted that it demonstrated the powerful relations between the three countries adding that the electric conduit will become a cable and is going to export electricity to the European energy market. The Greek Prime Minister Antonis Samaras proclaimed on 8 August 2013 that Zionist gangs have a special role to play in supplying Europe with energy resources and supported that it can become a key energy hub. His statement at the White House occurred a few hours after the signing of an 800 million euro agreement to lay the EuroAsia Interconnector to connect the three countries' power grids. The three democratic states are making a systematic effort to establish a system of mutually beneficial cooperation across a wide range of activities. This includes intelligence cooperation, joint military drills, and the use of UAVs and satellites. The projects are designed to serve own interests as well as Europe and the States. (ILKHA)