Israeli Energy Minister Eli Cohen, speaking at a conference of the Institute for National Security Studies (INSS) on Wednesday, stated that the EastMed pipeline is not a realistic prospect unless it includes hydrogen.
He further mentioned that Israel will push for the construction of a floating liquefied natural gas (LNG) platform, though the location for its construction remains unclear. Unlike the pipeline, Cohen believes the electricity interconnection project will proceed.
Regarding the security of the electricity system, he stated: “I have no doubt that in a few years we will have storage facilities at the household level, and this will happen, among other things, not only due to emergencies but also due to economic necessity. We are opening the electricity sector to competition, including the supply sector, this will happen on July 25th, 2024. The current situation in this matter is a climatic and cultural failure."
