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Israel and Jordan sign $10 Billion natural gas deal
An Israeli gas consortium on Monday signed what Israel called a "historic" $10 billion deal with the Jordan Electric Power Company to supply the Hashemite Kingdom with natural gas for 15 years Beginning in about 2019. The agreement will provide Jordan with a total of approximately 45 billion cubic meters of gas from the Leviathan offshore gas field, turning Israel into its largest gas supplier. In 2014, Israel signed a separate deal with Jordan to supply $500 million worth of gas to the Hashemite Kingdom from the Tamar natural gas field in the Mediterranean. This essentially replaces the Arab pipeline gas from Egypt; this source has been hit many times by Sinai terrorists Posted by: lord garth 2016-09-30 |
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