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22.05.23 – ‘Don’t expect any miracles,’ energy expert says about natural gas initiatives

Energy expert Charles Ellinas on Monday brushed aside comments made by Eni CEO, Claudio Descalzi that no EastMed pipeline could be feasible without Turkey, to which the government issued a subdued response last week.

Descalzi’s comments were rather moot, Ellinas said, since the idea of the EastMed pipeline has become a mere “academic exercise” with a “close to zero” chance of ever materialising.

What does matter, Ellinas opined, is whether Eni’s evaluation of the feasibility of other projects, namely those resulting from exploration in Block 6, would similarly depend on Turkish Cypriot positioning.

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