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.