New ptj Issue 3-2019
Digitalization in the Pipeline Industry
The new PALIMEX®-880/-855
The two-tape system reliably protects your pipeline – and saves your budget.
Operations & Integrity Management and Compliance in an age of IIOT
Steve Hill >>> Honeywell Process Automation Solutions
New Technologies Drive Operational Performance by Connecting Smart Stations to Distribution Networks
Rossella Mimmi >>> Emerson Automation Solutions
Intelligent Predictive Maintenance in the context of Maintenance 4.0 for Oil & Gas Industry
Dr. Rama Srinivasan Velmurugan >>> GAIL (India)
Digital disruption will occur in Midstream as it is underway in other asset intensive industries
Sam Hemeda >>> Arundo Analytics
The Big Data Revolution: Detecting Pipeline Leaks, Encroachments and more Using Satellites
John Zhou & Caroline Beck >>> Satelytics
Best Practices for Cybersecurity Diagnosis in Industrial Environments
Ernesto Landa >>> Compania Operadora de Gas del Amazonas

Israel plans gas pipeline to Europe - UAE to invest

Israel plans gas pipeline to Europe - UAE to invest (Andriy Markov / Shutterstock)

Israel intends to supply natural gas to Europe through a pipeline by 2025. It is planned to sign a corresponding agreement with Greece, Cyprus and Italy by the beginning of February, said the country's energy minister Steinitz.

One year after the completion of a feasibility study by the European Union with positive results, the four countries involved seemed to have come to an understanding. According to initial studies, the 2100 kilometre pipeline will cost around six billion euros and will be laid on the bottom of the Mediterranean Sea. The gas from the rich gas deposits off the Israeli coast is to be transported to Europe, where demand is rising steadily.

Isreali media outlets have reported that the United Arab Emirates has already invested about $100 million in this ambitious project. The investment would be made by a company based in Abu Dhabi for a pipeline project which is internationally known to be unique given its record length as well as the extreme depths it would be laid toward Europe, The agreement can be described as historic since tentions between multiple countries in the region are still high. UAE’s investment in the project could trigger protests in the muslim world, leading to new possible conflicts.

The European Union supports the project which is commonly known as the East Med Pipeline Project.

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