Skip to content
Subscriber Only

Huge Gas Finds Can Keep Europe Warm If the Arguing Stops

  • East Mediterranean is sitting on reservoir of untapped fuel
  • But almost every pipeline route requires fix to old feuds
Updated on

As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for extracting gas from under the Mediterranean Sea.

“A few years ago, there was nothing to see around here,” Yossi Abu yells from the front seats. And soon, according to the Delek Drilling LP CEO, there’ll be more. He points northwards. “Over there, we’ll build a new platform,” he says. “To export gas to Egypt and Turkey.”