Israeli firm signs deal to pipe UAE oil to Europe

Israeli firm signs deal to pipe UAE oil to Europe Hello people in the world, today Random Find Truth will provide information about the correctness and important updated opinions that you must read with the title Israeli firm signs deal to pipe UAE oil to Europe that has been Random Find Truth analysis, search and prepare well for you to read all. Hopefully information from Random Find Truth about Articles Prophecy, the Random Find Truth write you can make us all human beings who are knowledgeable and blessed for all.

Title : Israeli firm signs deal to pipe UAE oil to Europe
Link : Israeli firm signs deal to pipe UAE oil to Europe

An oil pipeline running from the Red Sea resort of Eilat to the Mediterranean port city of Ashkelon will be extended to the United Arab Emirates, providing the UAE with a bridge to get fossil fuel directly to Europe, an Israeli company said Tuesday. It is seen as one of the most significant collaborations to have emerged since the countries established diplomatic ties.

The memorandum of understanding is between the state-owned Europe-Asia Pipeline Co., formerly the Eilat-Ashkelon Pipeline Co., and a company called MED-RED Land Bridge, which is a joint venture between Israelis and Emiratis, according to an announcement. (Read More)