Page 3 - Cbridge Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Israeli Pipeline Company Embroiled in Conflict Over UAE Oil Deal | The Jewish Press - JewishPress com | David Isaac | 18 Tishri 5782 – September 23, 2021
jewishpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishpress.com Daily Mail and Mail on Sunday newspapers.
Israel Stops Onshore Oil Exploration Permits
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
JERUSALEM: Israel’s environmental protection ministry said on Sunday it was delaying implementation of a proposed oil transport deal with the United Arab Emirates, freezing a project that has angered environmentalists.
The agreement, which followed the UAE and Israel establishing diplomatic ties last year, would see Gulf oil brought to the Red Sea port of Eilat by tanker, than moved by pipeline through mainland Israel to the Mediterranean port of Ashkelon, from where it would be shipped to Europe.
The oil deal, involving Israel’s state-owned Europe-Asia Pipeline Company (EAPC) and an Israeli-Emirati company called MED-RED Land Bridge Ltd, has not launched.
Israel freezes UAE oil deal
July 26, 2021
OCCUPIED-AL-QUDS: Israel’s environmental protection ministry said on Sunday it was delaying implementation of a proposed oil transport deal with the United Arab Emirates, freezing a project that has angered environmentalists.
The agreement, which followed the UAE and Israel establishing diplomatic ties last year, would see Gulf oil brought to the Red Sea port of Eilat by tanker, than moved by pipeline through mainland Israel to the Mediterranean port of Ashkelon, from where it would be shipped to Europe.
The oil deal, involving Israel’s state-owned Europe-Asia Pipeline Company (EAPC) and an Israeli-Emirati company called MED-RED Land Bridge Ltd, has not launched. But activists have sounded the alarm about potential threats to the northern Red Sea corals off Eilat’s coast.
Growing Activist Pressure Puts Key Middle East Oil Deal On Hold
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.