Following previous pledges, Greece, Cyprus, Italy and Israel signed a memorandum of understanding for constructing an underwater gas pipeline from the Eastern Mediterranean region to Greece and Italy, to transport Cypriot and Israeli gas reserves to mainland Europe.

http://www.globes.co.il/en/article-israel-europe-gas-pipeline-mou-signed-1001214430

https://www.neweurope.eu/article/greece-cyprus-italy-israel-sign-mou-east-med-gas-pipeline/