Greece, Israel, Cyprus plan gas exports![]() March 28, 2012 - 16:19 AMT PanARMENIAN.Net - Energy Ministers from Greece, Israel and Cyprus say they will increase cooperation to exploit natural gas deposits in the Mediterranean, but warned that large-scale exports could take a decade, according to AP. Greece, whose economy has been ravaged by a financial crisis, hosted a meeting near Athens Wednesday, March 28. The country hopes to eventually start its own gas production and act as a transit point for Israel and Cyprus, but said it has no plans to abandon more advanced gas projects it is involved with in Azerbaijan and Russia. Cypriot Industry Minister Neoklis Sylikiotis said the three countries were more likely to share gas-produced electricity, using undersea cables, before exports were possible. ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |