Last month, Jerusalem, Athens, and Nicosia concluded an agreement to create what would be the world’s longest and deepest underwater power cable, which will allow electricity to flow among the three countries, and connect Cyprus and Israel with the European power grid. Oved Lobel comments on the deal’s significance:
[T]he project’s political and strategic ramifications are difficult to overstate. Israel’s burgeoning energy and security partnership with Greece and Cyprus, which has qualitatively blossomed since 2017, will further anchor Israel’s importance for Europe and the Middle East.
Alongside the East Mediterranean Gas Forum (EMGF), the result of massive gas discoveries in the exclusive economic zones of Israel, Cyprus, and Egypt over the past decade, Israel’s centrality as a security and energy partner is now assured, particularly if the [proposed] EastMed Pipeline . . . is built, enabling Israel to export natural gas to Europe and linking Cyprus to the EU’s natural-gas network.
[T]here are a range of energy and security partnerships now coalescing in the eastern Mediterranean and drawing in a broader range of outside powers. This has accelerated since the signing of the Abraham Accords in 2020, including the United Arab Emirates—which acceded to the EMGF as an observer in late 2020—as well as the U.S., France, and now Saudi Arabia. Driving this expanding and deepening network of alliances and partnerships is Turkey, which has opted to threaten the key interests of virtually every country in the region and double down whenever challenged.