Gas Talks With Turkey May Wrap Up in Summer, Says Israel Energy Minister

  • Aim is to create framework to let companies negotiate
  • Negotiations with Italy on second pipeline proceeding
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Talks between government officials on building a natural gas pipeline from Israel to Turkey may conclude as early as this summer, Israeli Energy Minister Yuval Steinitz said on Tuesday.

The aim is to create a framework that would let companies on both sides advance their own negotiations, with gas flowing to Turkey in about three years, Steinitz said in an interview with Yousef Gamal El-Din and Shery Ahn on Bloomberg Television. Israel is also in talks for a more ambitious pipeline that would pass through Cyprus and Greece to Italy, whose energy minister plans to visit Israel in early April to discuss the project, he said.