The European Union wants to connect the Iberian Peninsula with Italy under the Mediterranean Sea. Construction will cost 3 billion euros.
The European Commission is discussing the construction of a new offshore gas pipeline amid the energy crisis. The construction of the 700 -kilometer -long gas pipeline will require an investment of 2.5 to 3 billion euros. This was reported by the Spanish newspaper El Pais.
It was noted that in Spain there are six operating plants for regasification. They can be used to solve Russia’s gas problem. The project could be completed within two years.
Recall that some European countries are already rejecting Russian gas. In particular, Poland terminated the gas contract with Russia ahead of schedule. At the same time, Germany is planning new projects in Africa to reduce Russia’s gas dependence.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.