Israel to propose Saudi-Israel oil pipeline

Israel is going to propose the construction of anoil pipelinebetween Saudi Arabia and Israel,Globesreported, using its formal relations with theUnited Arab Emiratesto promote the plan.The land pipeline would transport oil and distillate between Israel and Saudi Arabia, which do not sharediplomatic ties, using existing Eilat Ashkelon Pipeline Co. Ltd. (EAPC) infrastructure.Sources informedGlobes that meetings have taken place at a high level in recent days between senior figures from the ministries of defence and foreign affairs as well as EAPC chairman Erez Kalfon and CEO Itzik Levy.An oil pip…

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