Israel's Energy Minister Eli Cohen talks about the Saudi-Israeli oil pipeline concept: As you can see on the map, we can lay an onshore pipeline to run through the Gulf countries to the Mediterranean Sea, and then transport oil and gas to Europe via the Mediterranean. The project is of great benefit to Saudi Arabia, which knows that oil is its core source of revenue. Previous conflicts have proven that energy-producing countries must not only have oil and gas resources, but also have safe export channels.

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