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East Med gas deal signed

East Med gas deal signed

A number of states have signed an agreement formalising the East Mediterranean Gas Forum (EMGF).

Egypt, Israel, Italy, Greece, Jordan, Cyprus and the Palestinian Authority signed up to the plan. “This is a historic day for the gas industry in the region,” said Egyptian Minister of Petroleum and Natural Resources Tarek El Molla during a webinar.

The World Bank and European Union have signed as observers. France has applied for full membership. The notable exception was Turkey, which has a number of disputes with members of the EMGF. The signing took place online. Countries launched the initiative in October 2018.

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Source: EnergyVoice

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