Israel, Jordan Sign Historic Gas Deal
Israel became Jordan’s largest gas supplier Monday, when the country’s Leviathan gas consortium signed a $10 billion deal with the Hashemite Kingdom providing it with approximately 45 billion cubic meters of gas from the Leviathan gas field off Israel’s Mediterranean Coast.
Israeli Lawmakers Scramble as “Supergiant” Gas Field Discovered Off Coast of Egypt
A “supergiant” natural gas field has been discovered off the coast of Egypt, believed to be the “largest-ever” gas field found in the Mediterranean Sea.
Turkey Nixes Billions Worth of Energy Deals with Israel
Turkey announced this week that it would no longer work with Israel on energy projects until the situation in the Gaza Strip has been resolved.
Israel, Jordan Strike $15 Billion Gas Deal
On Wednesday, Israel signed a memorandum of understanding with Jordan that will make the Jewish state Jordan’s chief natural gas supplier.
Israel-Jordan Sign $500 Million Natural Gas Deal
Under a new agreement signed between Noble Energy and two Jordanian companies, Israel’s Tamar gas field will supply Jordan with 66 billion cubic feet of natural gas. The deal, with a price-tag of $500 million, will take place over a 15 year period. The agreement to sell natural gas from the Tamar fields is the […]
Israel’s First Gas Customers: Palestinians
Partners in Israel’s Leviathan offshore gas field have signed their first export contract, to the tune of $1.2 billion, with an unlikely client: the Palestine Power Generation Company. According to the deal, the power company will be supplied with 4.75 billion cubic meters of gas to run a power plant that will be built near […]