The Energy Triangle Israel-Cyprus-Greece vs. Gazprom: Who Who


Today, the media in the European and European countries widely discuss the decision of the three states to strike Russian Gazprom with its own gas pipeline. We are talking about the joint construction by Israel, Cyprus and Greece of the EastMed gas pipeline, which is supposed to deliver gas to Europe from two fields: the Israeli Leviathan and the Cyprus Aphrodite. Can the appearance of this submarine gas pipeline really harm the Turkish Stream Russian-Turkish gas pipeline somehow?


Where did the new deposits come from? "Leviathan" was opened in 2010. According to geologists, there are 453 billion cubic meters of recoverable gas there. m .. Agree, for Gazprom this is not a competitor. At best, this gas can provide 40–50 years of gas consumption in Israel. True, there is another field found in 2009 - Tamar. But there is even less recoverable gas - about 307 billion cubic meters. m. Cyprus Aphrodite "younger." Discovered in 2011. But as befits a "lady", she is smaller than a "sea monster." A total of 170 billion cubic meters. m

So, the total volume of gas that can be produced from two fields, as planned according to the signed agreement, is 620-630 billion cubic meters. If Europe needs about 460 billion cubic meters. m. (in 2018) is not even a minuscule. This is zilch. Gazprom annually exports to Europe up to 200 billion cubic meters of gas.

Now about the gas pipeline itself. The depths at the gas production site are 1500-2500 meters. This greatly complicates gas production. And the length of the gas pipeline itself is, naturally, taking into account that you have to bypass the economic zone of Turkey, which will not give a building permit, about 1900 km. For comparison, SP-2 is 1200 km.

We add here the depths along which it is necessary to lay pipes. The depth of the Mediterranean Sea along the EastMed route reaches 3000 meters. The cost of work at such depths is increasing. According to Israeli experts, the total cost of the EastMed gas pipeline will be at least $ 7 billion. Compare with the SP-2. The length of the pipeline is 1200 km, the depth of the pipe is from 50 to 250 meters. The cost of 9,8 billion. $. The difference in the cost of gas pipelines is explained by the fact that EastMed was originally designed as a political project. The EU has even allocated about $ 39 million for design.

There is another indicator that must be mentioned. This is the expected capacity of the pipeline. The planned capacity of EastMed is 15 billion cubic meters. However, according to independent experts, squeezing more than 10 billion from Leviathan and Aphrodite is simply impossible. That is, at a comparable cost, gas from the Israeli gas pipeline will cost more.

Conclusion? In an effort to oust Gazprom from the southern European gas market, the EU and the US are playing on the side of the Russian gas giant. The created Energy Triangle of Greece, Cyprus and Israel cannot actually compete with Gazprom. However, its creation pushes Asian gas producers to closer contacts with the Russian concern.

For the countries of Central Asia and Azerbaijan, there are simply no other ways to deliver their own gas to the EU, except for the TANAR (bypassing Russia) and two Russian gas pipelines - the Blue Stream and the Turkish Stream. In addition, the Energy Triangle forces Turkey to work more closely with Russia.
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  1. Zaurbek 9 January 2020 09: 14 New
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    You forgot about the Turks ..... who also have access to this field. And, unlike everyone, they will have a pipeline network in their own country and in Europe.
    1. SRC P-15 9 January 2020 09: 51 New
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      The Energy Triangle »Israel-Cyprus-Greece vs. Gazprom: Who Who

      "The triangle will be drunk. Be it even a parallelepiped!" yes
      1. bessmertniy 9 January 2020 10: 38 New
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        Try to build this pipeline still. what I believe that the maintenance of this pipeline will be quite troublesome and expensive. The volume of gas supplied through it is unlikely to cover the needs of the Balkans alone. But this gas may not reach the main economies of Europe. hi
        1. rich 9 January 2020 12: 24 New
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          gas pipeline israel-cyprus-greece -... Italy
      2. antivirus 9 January 2020 11: 28 New
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        and the base of the triangular in terms of the pyramid - in Washington.
        Who will drink three more side triangles of the pyramid?
    2. major147 9 January 2020 11: 27 New
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      Quote: Zaurbek
      You forgot about the Turks ..... who also have access to this field. And, unlike everyone, they will have a pipeline network in their own country and in Europe.

      Hope their warships shuganuli gas scouts, and they themselves engaged in gas exploration in this field.
      1. Monster_Fat 9 January 2020 12: 02 New
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        I remember that in the early 2000s all these listed countries "went in bosom friends", almost in "brothers" with Russia .... however, since 2008, the "brotherhood" suddenly ended abruptly and the "friendship" began to gradually go away to “no,” and now, so bluntly “completely, and not brothers.” “Strange, right? lol
        1. bessmertniy 9 January 2020 12: 32 New
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          Our money flowed there - that's why we were friends. And now krantik screwed. Therefore, love for Russia has weakened.
        2. major147 9 January 2020 13: 14 New
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          Quote: Monster_Fat
          Strange, right?

          Why is it strange? As soon as Russia began to fight for its interests and stopped the policy of "compromise", "bosom friends" quietly spitting in our backs became extremely uncomfortable.
  2. Professor 9 January 2020 09: 15 New
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    Naive. The UAE and Qatar will be connected to the pipeline bypassing Syria and Turkey ...
    1. Pessimist22 9 January 2020 09: 20 New
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      Well, you must first lay, connect, file, and then say, naive ...
    2. Zaurbek 9 January 2020 10: 02 New
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      And if the Turks themselves start production? And they already have a pipe to Europe.
      1. ultra 9 January 2020 11: 43 New
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        Quote: Zaurbek
        And if the Turks themselves start production?

        There are small volumes. Given the growth in gas consumption in Turkey itself, it is unlikely to remain for export.
        1. Zaurbek 9 January 2020 11: 49 New
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          There is one common deposit ... whoever starts it earlier, that and slippers.
          1. ultra 9 January 2020 11: 52 New
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            I don’t think everything is so simple.
    3. SOVIET UNION 2 9 January 2020 10: 19 New
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      Naive. The UAE and Qatar will be connected to the pipeline bypassing Syria and Turkey ..
      I don’t understand. They either tell us that oil and gas remain for 10-20 years, then they build all kinds of gas pipelines. So we need to develop alternative energy such as wind, sun and water? But they say it is not cost-effective. So burn gas? The gas will end soon! But warming awaits us and we will not need heating! No! The ice age awaits us! Without gas, will we freeze? We still have solid gas in the depths of the ocean! And there are no technologies for its extraction! A professor can explain what awaits us in the next 50 years?
      1. Ros 56 9 January 2020 10: 37 New
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        Well, personally, I will no longer be, and you probably measured yourself three lives, or what?
      2. Professor 9 January 2020 10: 44 New
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        Quote: SOVIET UNION 2
        Naive. The UAE and Qatar will be connected to the pipeline bypassing Syria and Turkey ..
        I don’t understand. They either tell us that oil and gas remain for 10-20 years, then they build all kinds of gas pipelines. So we need to develop alternative energy such as wind, sun and water? But they say it is not cost-effective. So burn gas? The gas will end soon! But warming awaits us and we will not need heating! No! The ice age awaits us! Without gas, will we freeze? We still have solid gas in the depths of the ocean! And there are no technologies for its extraction! A professor can explain what awaits us in the next 50 years?

        I know for sure that there will be no Soviet Union 2. The rest is speculation. There will only be electric cars, electric planes. They will not move on kerosene. In any case, stupidly burning it.
        1. BARKHAN 9 January 2020 11: 22 New
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          Quote: Professor
          I know for sure that there will be no Soviet Union 2

          Are you a psychic? See the future? The phrase "I know for sure" is very categorical ...
          Quote: Professor
          There will only be electric cars, electric planes.

          Most likely. If there are no other technologies and breakthroughs. All roofs and free surfaces will become solar panels. Again airships (airships) can come back ... Hydroelectric power stations and atoms will gain a second wind.
          1. Professor 9 January 2020 11: 52 New
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            Quote: Barkhan
            Are you a psychic? See the future? The phrase "I know for sure" is very categorical ...

            I am not a visionary, but I know the people of the "Soviet" well.

            Quote: Barkhan
            Most likely. If there are no other technologies and breakthroughs. All roofs and free surfaces will become solar panels. Again airships (airships) can come back ... Hydroelectric power stations and atoms will gain a second wind.

            We and there "all the roofs" in the batteries, just learn how to effectively store energy.

            Quote: ultra
            Quote: Professor
            There will only be electric cars, electric planes.

            Excuse me, but will we take electricity from the offshoot? Ahhhh, guessed from the windmills and the joint venture. wassat

            Nuclear energy will again become safe and popular.
        2. antivirus 9 January 2020 11: 30 New
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          burning acutely is how?
          someone walks in down jackets, and someone in mink coats.
          prohibit and who kerosene to whom?
        3. ultra 9 January 2020 11: 45 New
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          Quote: Professor
          There will only be electric cars, electric planes.

          Excuse me, but will we take electricity from the offshoot? Ahhhh, guessed from the windmills and the joint venture. wassat
      3. NKT
        NKT 9 January 2020 11: 18 New
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        I don’t understand. They tell us that oil and gas remain for 10-20 years

        These are only proven reserves, but there are still resources that require exploration.
        Each year there is a write-off and an increase in reserves.

        The gas will end soon! But warming awaits us and we will not need heating!

        You forget the chemical industry.
      4. Usher 9 January 2020 11: 45 New
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        This is not a professor, but a couch expert. In fact, the whole mess in Syria because of this began.
    4. Sergey1987 9 January 2020 11: 28 New
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      Quote: Professor
      Naive. The UAE and Qatar will be connected to the pipeline bypassing Syria and Turkey ...

      Maybe that's just the planned capacity is still 15 billion cubic meters.
    5. ultra 9 January 2020 11: 47 New
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      And why does Qatar? He drives LNG to Asia, and there the prices are much more pleasant than on the European market.
  3. rocket757 9 January 2020 09: 16 New
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    Gazprom can only conquer the complete desolation of geyropa! Because while people live there, there is a serious industry, they will need LOT of gas, and there were no other, REAL, suppliers there!
  4. Aaron Zawi 9 January 2020 09: 22 New
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    What nonsense. Has anyone compared the volumes of gas from the Mediterranean shelf with the volumes of Gazprom? Well, how can one write such headings without this?
    1. knn54 9 January 2020 09: 42 New
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      Well, a little push.
      1. Nyrobsky 9 January 2020 10: 17 New
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        Quote: knn54
        Well, a little push.

        In terms of “crowding out” the interpretation is not correct; rather, we “exhaust” our small share in the total volume of gas supplied to Europe. And by the way, this is not entirely bad, because despite the fact that your gas will be even more expensive than Gazprom’s gas, it will still be cheaper than liquefied American gas, and therefore, snatching your share, you will cut the share of oil shale from the United States. And yet, yes, it (g / wire) still needs to be built.
    2. NKT
      NKT 9 January 2020 09: 57 New
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      It depends on what volumes you want to compare, according to Leviathan 2Р it’s only 453 billion m3, and 3С - about 3.5 trillion m3, less than our Bovanenkovsky (2Р ~ 5трл.m3). And do not forget about the level of production. The design capacity of Bovanenkovsky is about 150 billion m3 per year, a third of your Leviathan.
    3. vitvit123 9 January 2020 11: 08 New
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      For me, the most competent comment ...
    4. antivirus 9 January 2020 11: 33 New
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      and most importantly - to build a pipe 1.5 m in diameter? or less? how to "connect" to the small pipe of the UAE and Qatar?
  5. Far B 9 January 2020 09: 24 New
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    Not very clear. Is it already possible to rejoice over Gazprom and be proud of the "national treasure"? Damn those cho and bow sideways, chesslovo (
    1. Sergey1987 9 January 2020 11: 30 New
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      Quote: Far In
      Is it already possible to rejoice over Gazprom and be proud of the "national treasure"? Damn those cho and bow sideways, chesslovo (

      Oh, God forbid, any author writes something well and correctly on the topic, you will not sleep badly for critics.
  6. Boris55 9 January 2020 09: 32 New
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    The Energy Triangle Israel-Cyprus-Greece vs. Gazprom: Who Who

    Greece already receives our gas. The northern white fox crept imperceptibly and there is no longer any triangle incl. the answer to the question of who is who, simple - Gazprom steers!


    ISTANBUL, Jan 8 - RIA News. Presidents of Russia and Turkey Vladimir Putin and Recep Tayyip Erdogan officially opened the Turkish Stream gas pipeline.
    1. Avior 9 January 2020 11: 34 New
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      it's as clear as two
      as soon as the Greeks and others have an alternative in the sources of supply, they will begin to bring down the price one way or another.
  7. Odysseus 9 January 2020 09: 38 New
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    What again has Gazprom changed? laughing Wait more from the great victories of the SP-2 did not depart .....
    1. Pessimist22 9 January 2020 09: 45 New
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      Exactly, despite his statements and announcements on SP2, Miller got bonuses anyway.
      1. tihonmarine 9 January 2020 10: 12 New
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        Quote: Pessimist22
        Exactly, despite his statements and announcements on SP2, Miller got bonuses anyway.

        The capitalists have their own wedding, and we are discussing it. Anyway, from their table we and the leftovers will not get.
      2. major147 9 January 2020 11: 32 New
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        Quote: Pessimist22
        Exactly, despite his statements and announcements on SP2, Miller got bonuses anyway.

        He showed you a sheet !?
    2. Sergey1987 9 January 2020 11: 31 New
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      Quote: Odyssey
      Wait more from the great victories of the SP-2 did not depart .....

      And what do you think it will not be completed? Or didn’t they complete the TP?
  8. Uncle Izya 9 January 2020 09: 57 New
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    Then Israel decided to oust Gazprom and comrades from Israel allegedly this is impossible, but the elder brother wants Europe to repel Russian gas by all means
    1. SOVIET UNION 2 9 January 2020 10: 29 New
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      For good reasoning, do not FIG Europe to supply gas at all! Let them buy expensive gas! And we will use cheap. Do you need to use competitive advantages or not? Why are we so worried about the EU that we can’t even sleep? Maybe we’ll provide ourselves and our production with cheaper gas? What are we so worried about our competitors? Or are they our masters? We talk about competition, sanctions and the rise of the Russian economy and immediately sell our competitors cheap raw materials! Che somehow it is not logical all this!
      1. avib 9 January 2020 11: 34 New
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        Well, somehow we need dollars and euros to buy abroad.
      2. major147 9 January 2020 11: 34 New
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        Quote: SOVIET UNION 2
        Let them buy expensive gas! And we will use cheap.

        So they buy (compared to Russia), and we use (compared to the EU).
      3. ultra 9 January 2020 11: 50 New
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        Quote: SOVIET UNION 2
        For good reasoning, do not FIG Europe to supply gas at all!

        There is a reasonable grain in it. Reducing the volume of exports of raw materials, and even better, a complete rejection of such exports.
        1. Fan-fan 9 January 2020 12: 16 New
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          I agree that surplus gas must be sold. And as it is being done now, we are throwing all the country's resources to the construction of gas pipelines to enemies and at a cheap price we are driving them raw materials, this is wrong. Here, we would use this gas ourselves, gasify at least our population.
          But the authorities are ready to sell everything to everyone, even their mother, in order to receive the treasured dollars and euros.
          1. ultra 9 January 2020 12: 21 New
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            Quote: Fan-Fan
            But the authorities are ready to sell everything to everyone, even their mother, in order to receive the treasured dollars and euros

            So they and their offspring do not identify with our country. They are temporary workers, and they are going to live clearly in another place.
            1. Fan-fan 9 January 2020 12: 24 New
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              So their goal is to fill their pockets here and then dump them from Russia, which is probably why they get dollars at all costs.
              1. ultra 9 January 2020 12: 29 New
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                Well, in my opinion, this is obvious. Almost all children study over the hill, they have real estate, a residence permit, citizenship. With these people in power, our country has no prospects.
          2. ultra 9 January 2020 12: 25 New
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            If we had a chemical industry, plus a 100% gasification rate for our country, then I doubt that there would be much surplus.
            1. Fan-fan 9 January 2020 12: 29 New
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              But after all, the USSR was the first to build a gas pipeline to Europe and the USSR seemed to have a chemical industry. And the Kremlin brothers in the USSR did not seem to be going to flee en masse to the West, so they did not steal dollars, but still sold gas.
              1. ultra 9 January 2020 12: 34 New
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                At the request of Europe, he built and at the expense of Europe, they supplied pipes and compressors. This later, when the United States imposed sanctions, the USSR began to produce large-diameter pipes. Moreover, in Khartsyzsk, on the territory of the present DNR.
                1. The comment was deleted.
                  1. ultra 9 January 2020 13: 20 New
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                    Quote: 5678
                    But what for the population of the USSR needed gas? Coal is full. And firewood. But gas pipelines and gas, no, are not needed.

                    If you aren’t in the topic, then you’d better not write, you won’t look silly. In 1970, the USSR had 68 km of gas pipelines, 80 million people used gas in their apartments, and over the hill, at that time, they heated with fuel oil and coal.
                  2. ultra 9 January 2020 13: 21 New
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                    I did not immediately see that the next "one-day" got out, sorry for the time spent. hi
  9. Anatoly 288 9 January 2020 10: 03 New
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    In Bulgaria, they are planning to lower the price of gas, but they are only raising it here. Gazprom will not pay 3 midiard of debt, but the consumer. Personally, from this "national treasure" I am neither warm nor cold. This is the property of a narrow group of people, they use it
    1. Keyser soze 9 January 2020 12: 48 New
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      In Bulgaria, the price of gas is going to reduce ...


      Already reduced 2 times. Both for industry and for the population. About 400 million cubic meters of LNG were imported from Schatov (through Greece) and the second time you received a discount on gas from Turkey.
      1. The comment was deleted.
  10. vladimirvn 9 January 2020 10: 46 New
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    At the same time, Gazprom’s effective managers seem to have miscalculated about pipeline gas. “Gazprom’s supplies to Europe have fallen off.” Https: //lenta.ru/news/2020/01/09/gazprom/
    1. major147 9 January 2020 11: 40 New
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      Quote: vladimirvn
      At the same time, Gazprom’s effective managers seem to have miscalculated about pipeline gas. “Gazprom’s supplies to Europe have fallen off.” Https: //lenta.ru/news/2020/01/09/gazprom/

      What is your post for? What are the fools sitting there? Why don’t you mention that in the EU gas storages are clogged with gas under a cork, and you need to pay for the rental of storage facilities. Here they are released. So, not deliveries to Europe collapsed, but transit.
  11. AlexVas44 9 January 2020 11: 41 New
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    Quote: Pessimist22
    Well, you must first lay, connect, file, and then say, naive ...

    And want to spoil right now. laughing
  12. mavrus 9 January 2020 11: 48 New
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    Quote: Ros 56
    Well, personally, I will no longer be, and you probably measured yourself three lives, or what?

    "After us, even a flood."
    I understand Louis XIV, he walked well then, and he didn’t give a damn that Louis XVI was chopped off.
    But something we rejoice in the construction of gas pipelines, nothing comes from the sale of gas (and oil, too). We buy gas and oil products even more expensive than those ... to whom we sell them, although in all oil and gas producing countries it’s the other way around. Money for gas is not distributed among citizens, but settles somewhere in the amerta or is appropriated by a handful of oligarchs. So maybe a moratorium would be introduced for ten years to sell gas and oil abroad?
  13. Usher 9 January 2020 11: 49 New
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    what's the point? there is no gasification in Siberia; we burn coal and firewood.
    1. iouris 9 January 2020 12: 16 New
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      Quote: Usher
      no gasification in Siberia

      And why not only there ... And it will not be anymore. "In the USSR, 16 million people are enough for us" (M. Thatcher) ... - 60 ?? "No. It is 16." (M. Thatcher) Somehow.
    2. Fan-fan 9 January 2020 12: 20 New
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      But it’s interesting to set up boiler houses in the village and arrange steam heating or to stretch a gas pipe to the village? And it’s somehow dumb in the 21st century to heat wood and coal.
      1. opus 9 January 2020 15: 46 New
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        Quote: Fan-Fan
        But it’s interesting to set up boiler houses in the village and arrange steam heating or to stretch a gas pipe to the village?

        1. At one time we pulled ourselves, threw off $ 3700 from the nose, there was gas, something at $ 1,80 (I don’t remember for a long time)
        2. Yasen stump everything was transferred to the balance of inter-regional gas supply. The stump is clear, they put it on their balance, and then they wrote off this money again: put it in their pocket = increased their assets
        3.Gas already at 6,7r (approximately, for memory)
        So consider whether it is profitable for you to participate in the "national property the ruin of Russia "?
        And isho:

        $ 55 billion. Gazprom cost in 2004 year. Apple Inc. at that time it was estimated by the market about 2,5 times cheaper
        in 2008 Gazprom was worth something around $ 478 billion


        January 1, 2018 Apple’s net cash reserve totaled $ 25 billion on the same date. Gazprom’s net debt, a 24% year-over-year increase, reached a staggering amount. 2 trillion 398 billion rubles, which is equivalent to 41,5 billion dollars.
  14. dgonni 9 January 2020 14: 27 New
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    Is the author trying to justify the fabulous price of sp-2? Well, it’s not necessary. Contractors earned money and transferred to offshore. Late to drink Borjomi.
    With regards to not a competitor? Well, of course, by volume. But Gazprom will bite off its 10-15 lard cubes. And given that there are a dozen and a dozen there are no volumes of 200 lard cubes of sale. Accordingly, there is no income.
    For payback flows are simply silent.
  15. opus 9 January 2020 15: 01 New
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    Quote: Alexander Staver
    According to Israeli experts, the total cost of the EastMed gas pipeline will be at least $ 7 billion. Compare with the SP-2. The length of the pipeline is 1200 km, the depth of the pipe is from 50 to 250 meters. The cost of 9,8 billion. $. The difference in the cost of gas pipelines is explained by the fact that EastMed was originally designed as a political project. The EU has even allocated about $ 39 million for design.

    It seems that the article Peskov wrote, well, the one with a mustache

    Comrade Alexander Staver -You would at least be shy (so hang noodles)
    1. SP-2 project is PURE political, unlike EastMed, just.
    Economically, it is not profitable - in general, like the Turkish stream, and the strength of Siberia
    For which they were immediately dismissed: Alexander Fek and Alexander Kudrin
    According to Sberbank CIB, Nord Stream-2 will cost $ 17 billion - this amount also includes land-based approaches to the gas pipeline (Gazprom estimated the project cost at € 9,5 billion). The contract for the construction of one of these approaches worth 74,6 billion rubles. without a tender, recently received Stroytransneftegaz, analysts recall.


    Read more at RBC:

    "Our" will be more expensive, maybe
    2. If we compare the cost of laying the SP-1 pipe in the Russian Federation (population density, swamps, low salary and low cost of resources) and in Germany (urbanization beyond measure, everything is more expensive than the Russian Federation), where the cost in the Russian Federation was MANDALLY higher (who says 2, and who is 6 times) than in Germany, then SP-2 will be more expensive than 4 times than EastMed.
    As proved by Sberbank CIB analytics.
    because, as we have, Gazprom’s pipes are laid exclusively by Gennady Timchenko and Arkady Rotenberg
    3. Again new candle the pipe factory “for some reason” suddenly appeared when the old ones were 50% loaded ..
    Gazprom’s gas monopoly unexpectedly halted pipe purchases for Nord Stream 2 and severed tens of billions of rubles from existing contracts with metallurgists.


    what a paradox! since 2016, everything was fine, but here, after a year or two, it was suddenly "overpriced."
    Sberbank issued a billion rubles loan to Zagorsky Pipe Plant


    Denis Safin + Nikolai Egorov = new favorites of Gazprom

    Denis Safin
    Gazprom's head pipe supply company put under house arrest


    Nikolai Egorov, classmate of Vladimir Putin, is one of the most influential Russian lawyers,
    Partner at Egorov Puginsky Afanasiev & Partners
    »
    they solved the delicate questions that our authorities posed:
    defending Russians accused of killing Chechen separatist leader Zelimkhan Yandarbiev in Qatar; defending Russia at the UN International Court in The Hague with Georgia. In 2015, the bureau defended the interests of the Russian Federation in the courts with the "daughters" of ExxonMobil Corp. and Indian Titanium Products Private Ltd.

  16. nikvic46 10 January 2020 07: 15 New
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    I will take a seat on the podium, and I will root for ours.
  17. eklmn 10 January 2020 23: 55 New
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    “Now about the gas pipeline itself. The depths at the gas production site are 1500-2500 meters. This greatly complicates gas production. ”
    Author! For Gazprom (with its sanctions) this is deep. For Shell - nothing, it has a dozen platforms in the Gulf of Mexico with such a depth of 2500m.

    “Taking into account the fact that it will be necessary to bypass the economic zone of Turkey, which will not give a building permit, about 1900 km. ”
    Again the author was mistaken again -
    “The Exclusive Economic Zone (EEZ) is the maritime zone provided for in the 1982 UN Convention on the Law of the Sea, with respect to which the state has special rights with respect to the exploration and use of marine resources, including the generation of energy from water and wind. The Exclusive Economic Zone (EEZ) includes territory that extends either from the coast or in federal systems from the borders of the sea in constituent states (in most cases, from 3 to 12 nautical miles) to 200 nautical miles (370 kilometers) from the coast.
    And here is a map of the gas pipeline. Author! Where did you find the squiggle bypassing the Turkish EEZ?
    https://www.euractiv.com/section/energy/opinion/us-russia-rivalry-in-the-middle-east-is-now-spilling-over-into-the-mediterranean-sea/

    “The difference in the cost of gas pipelines is explained by the fact ($ 7bn vs. SP-2 $ 10,5bn) that EastMed was originally designed as a political project.”
    And again blah blah from the author! The cost is lower because a lot of land, (480 km, 1.300 km of water), another diameter, etc. In addition, the $$$ burden on member countries is lower than Gazprom alone.

    “However, according to independent experts, squeezing more than 10 billion from Leviathan and Aphrodite is simply impossible. That is, at a comparable cost, gas from the Israeli gas pipeline will cost more. ”
    Author! Since the cost of construction / production / transportation is lower, then you can sell at a price lower than Gazprom! Is not it?

    “For the countries of Central Asia and Azerbaijan, there are simply no other ways to deliver their own gas to the EU, except for the TANAR (bypassing Russia) and two Russian gas pipelines - the Blue Stream and the Turkish Stream”
    Author! The third amendment will leave Gazprom with a 1/2 pipe, i.e. 50% filling. Gazprom will beg Azerbaijan to use its pipe!
  18. Korg 14 January 2020 20: 31 New
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    Meanwhile, gas prices in Europe fell from $ 250 to $ 150 per thousand cubic meters, and due to an overabundance of supply in Asia and the launch of a pipe from the giant Leviathan field on December 31, prices could drop to $ 90.

    Those. Nord Stream 2 may never pay off.
  19. Shahno 14 January 2020 20: 34 New
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    Quote: Korg
    Meanwhile, gas prices in Europe fell from $ 250 to $ 150 per thousand cubic meters, and due to an overabundance of supply in Asia and the launch of a pipe from the giant Leviathan field on December 31, prices could drop to $ 90.

    Those. Nord Stream 2 may never pay off.

    Yes, I really heard that our responsible people will keep the price of gas off the shelf very low.