Home Business Snam takes over 25% of the “peace pipeline” between Israel and Egypt

Snam takes over 25% of the “peace pipeline” between Israel and Egypt

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ROMA – In the Middle East area – and among operators – it is indicated as the “peace pipeline“. They are 100 kilometers that run on the bottom of the Mediterraneo, between the Israeli city of Ashkelon (the ancient Ascalon of the Crusaders) and the Egyptian terminal of Al-Arish, on the coast of the Sinai Peninsula. Inaugurated in 2008, to export Egyptian gas, since the beginning of last year it has reversed its course: after the discovery of the mega field Leviathan, it is now Israel that has become one of the main producing countries in the whole area as well as a supplier to the neighboring northern countries Africa.

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