(OPINION) Israel could make moves to position itself as a central gas exporter in the Middle East, as tensions surrounding the war in Ukraine have led to a discussion about alternatives to Russia’s gas exports.
While it is already supplying gas to Jordan and Egypt, if the right steps are taken, Israel has the potential to become a natural gas source for Europe, as well. “Europe is completely hysterical that it sits in the hands of Putin,” said Dr. Alexander Coman, from the Faculty of Management at Tel Aviv University.
“The idea that Putin is sitting with his hand on the faucet and can, at will, open or close gas supply to Europe – this is a terrible scenario for them.” It is, however, a brilliant opportunity for Israel: in its current position, Europe would do much to find alternative sources to its fuel supply needs.
“One of the ways is an alternative pipeline that will bring gas – or perhaps electricity – from Egypt, Israel, and [perhaps] Saudi Arabia to Europe, through Cyprus,” explained Coman. He refers to the EastMed pipeline, a planned project that will directly connect the natural energy resources in the East Mediterranean sea to greater Europe.
Drawn up in 2013, the pipeline was to be operational by 2025 following Israel’s approval of the plan in 2020, though that progress was halted when the Biden administration withdrew the United States’ support of the project last month.
This change in policy was staunchly criticized by US representatives Gus Bilirakis (R-Florida) and Nicole Malliotakis (R-New York), who said that it deepened Europe’s energy dependence on Russia’s gas exports. “Biden’s announcement last May to suspend sanctions on the Russian pipeline and his continued fight against sanctions shows clear preference toward Russia over our allies,” they wrote in a letter to the US Secretary of State. READ MORE
