U.S. Doesn’t See EastMed Pipeline As Viable Alternative To Russian Gas

A planned pipeline to carry natural gas from the Eastern Mediterranean to Europe is too expensive to build and will be late to help Europe diversify its gas supply away from Russia, U.S. Under Secretary for Political Affairs Victoria Nuland said on Thursday.   The EastMed pipeline, for which a final investment decision is expected this year, is planned to deliver around 10 billion cubic meters of natural gas to the European Union (EU) through Greece and Italy. The EU has backed the project as a means to diversify its natural gas imports…