Cyprus submits EastMed pipeline deal for ratification

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Cyprus submits EastMed pipeline deal for...
 © FinancialMirror 2020

The Cyprus government has approved the ratification framework for the €7 bln EastMed natural gas pipeline agreed in January with Greece and Israel that is now headed to parliament for final ratification.

Energy Minister George Lakkotrypis said Thursday that the Cabinet approved the agreement signed in Athens on January 2 with a provision allowing Italy to join the 1,900km project at a later stage.

The multilateral agreement determines various issues between the participating countries, including maritime procedures, matters of security, the...


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This article was automatically added to our system 28-5-2020

Cyprus submits EastMed pipeline deal for ratification


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