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Mitsotakis: EastMed increases geopolitical weight of Greece, Cyprus

Prime Minister Kyriakos expressed great expectations after the signing of a trilateral agreement with Cyprus and Israel for the construction of the EastMed pipeline.

The PM described the agreement as the crowning achievement of the new geopolitical partnership with Cyprus and Israel, which creates new realities in the eastern Mediterranean.

Greece, Israel, Cyprus sign deal for EastMed gas pipeline

Greece, Israel and Cyprus signed a deal Thursday to build an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe.
The 1,900-kilometer (1,300-mile) EastMed pipeline is intended to provide an alternative gas source for energy-hungry Europe, which is largely dependent on supplies from Russia and the Caucasus region.

China Discovered More than 1.8 Billion Tonnes of New Oil Reserves in 2019

China's national oil corporation, the country's largest oil and gas supplier, discovered a record high of 1.84 billion tonnes of reserves in 2019.

More than 1 million tonnes of oil have been found in the Ordos basin, while over 1 trillion shale gas have been explored in the Sichuan and Tarim basins.

Greece, Cyprus and Israel sign EastMed deal

Greece, Israel and Cyprus have signed a deal for an undersea pipeline designed to carry gas from offshore deposits in the southeastern Mediterranean to continental Europe.
The deal was signed during a ceremony at Zappeion Hall by the three countries' energy ministers, Costis Hatzidakis, Yiorgos Lakkotrypis and Yuval Steinitz.

Akinci says EastMed energy project costly, not conducive to Cyprus settlement

Turkish Cypriot leader Mustafa Akinci on Thursday criticized the signing of an undersea pipeline by the leaders of Greece, Cyprus and Israel claiming that it makes no economic sense and it would not help to solve the island dispute.
The 1,900-kilometer EastMed pipeline is longer and costlier than other alternatives, Akinci said in a written statement.

Greece, Israel and Cyprus to Sign Pipeline Agreement

EastMed Intergovernmental Agreement to be signed in Athens today between Greece's Energy Ministers Kostis Hatzidakis, Israel's Yuval Steinitz and Cyprus's George Lakkotrypis, in the presence of Greek Prime Minister Kyriakos Mitsotakis, Israeli Prime Minister Benjamin Netanyahu and Cyprus President Nicos Anastasiades.

Cheaper Roaming in the Balkans

When will the change take effect?

Calls between the Western Balkan countries are expected to become cheaper in 2020. Roaming prices are expected to decrease by between 9% and 35% in January.

The agreement is part of the Western Balkans Program proposed during the Bulgarian Presidency.

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