30 November 2024,   06:40
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Turkey upset over new pipeline deal by Greece, Cyprus and Israel

Greece, Israel and Cyprus today signed an agreement to build an undersea pipeline to ferry natural gas from offshore fields in the eastern Mediterranean to Europe, a project that would ease the European Union’s energy dependence on Russia.

Yet the agreement has angered Turkey. Although itself an energy importer, Turkey is a key transit nation for supplies of Russian natural gas on their way to Europe, giving Turkey a source of leverage over Europe.

The construction of the new pipeline will finish in 2025.

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