Israel competing with Russia

The world is changing. Israel is looking to directly compete with Russia by supplying Europe with natural gas.

The project would require a multi-billion euro investment from Europe to build a pipeline from Israel’s Mediterranean coast to Cyprus, from where the gas would be carried on to Greece and Italy.

Read more on timesofisrael.com…

This news brief about energy in Israel is provided to you by Zion Oil & Gas, Inc.

Zion Oil & Gas explores for oil and gas onshore Israel currently only within Zion’s Megiddo-Jezreel license area.