web analytics
February 28, 2015 / 9 Adar , 5775
At a Glance
News & Views
Sponsored Post


Israel to Sell $500 Million of Natural Gas to Jordan

Israel’s new position of being energy self-sufficient is merging with Jordan’s more dependent on Jerusalem.
The Israeli Tamar drilling rig, 56 miles off shore.

The Israeli Tamar drilling rig, 56 miles off shore.

The Nobel Energy consortium developing Israel’s offshore “Tamar” natural gas fields has signed a half a billion dollar deal to export gas over the next 15 years to Jordan’s Arab Potash Co. and Jordan Bromine Co.

The exports could grow to $30 billion over a longer period of time.

Nobel and its Israeli partners Delek, Isramco and Alon Natural Gas. Will build a pipeline from the Dead Sea Works to the Jordanian side of the Dead Sea.

U.S. Deputy Assistant Secretary for Energy Diplomacy at the State Department Amos Hochstein has held more than a dozen meetings with Jordanian and Israeli businessmen and political leaders over the past 18 months to help negotiate the Jordan’s King Abdullah II and Prime Minister Binyamin Netanyahu were involved.

Jordan is increasingly dependent on Israel, which already supplies the kingdom with water, and the significance of Israel’s recent oil and gas discoveries has been under-exaggerated, both economically and financially.

The consortium operating the Tamar gas field previously have signed a 20-year contract to sell $1.2 billion worth of natural gas to the Palestinian Authority.

The purchases by Jordan and the Palestinian Authority come at the expense of Egypt, which has been a totally unreliable supplier thanks to terrorists who frequently blow up the pipeline that brings gas from El Arish to Israel and Jordan.

The deal with Jordan “will pave the way for additional export projects which could enhance regional cooperation as well as provide additional supply to the domestic market and enhanced security of supply through development of additional reservoirs and infrastructure,” said Noble Energy VP Eastern Mediterranean Lawson Freeman.

The new natural gas industry in Israel is creating thousands of jobs for laborers and engineers and also has helped turned the shekel into one of the world’s strongest currencies against the dollar.

Politically, Israel’s energy sources and water resources , thanks to desalinization plants, are creating conditions that will make the Palestinian Authority and Jordan a lot less belligerent while leaving Egypt to wallow in its own economic and political anarchy that was hastened by the Arab Spring revolutions.

About the Author: Tzvi Ben Gedalyahu is a graduate in journalism and economics from The George Washington University. He has worked as a cub reporter in rural Virginia and as senior copy editor for major Canadian metropolitan dailies. Tzvi wrote for Arutz Sheva for several years before joining the Jewish Press.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Israel to Sell $500 Million of Natural Gas to Jordan”

Comments are closed.

Current Top Story
18,000 Iranian Centrifuges
Reducing Iran’s Number of Centrifuges Makes a Bomb More Likely
Latest News Stories
Actor Leonard Nimoy in 1967, who was best known for his role as Mr. Spock in the iconic 1960s television series "Star Trek," passed away at age 83 on Friday, Feb. 27, 2015.

Actor Leonard Nimoy, 83, “lived long and prospered” but on Friday moved on to explore the Next World.

18,000 Iranian Centrifuges

Iran already has enough centrifuges for a nuclear weapon.

Underground tunnel found near the Egyptian border. Archive photo.

Learning lessons from Protective Edge, Israel is building an underground training field, and will train special units in tunnel warfare.

Israel Nature and Parks Authority Director-General Saul Goldstein at the inauguration of the new Israel Bike Trail's southern segment this week.

The unique desert landscape that covers large parts of Israel allow for its positioning as a leading destination for cyclists, with a comfortable climate year-round and spectacular desert scenery.

Once again al Quds’ Said Arikat used the State Dept. Briefing room to slander Israel with false “facts.”

“If no one is infallible, how is it possible that Netanyahu in his opposition to a potential Iran deal is wrong and you guys are all right?”

US Intelligence Chief Says ISIS ‘low priority’ for Turkey.

Thousands of ultra orthodox Jews attend the wedding of the granddaughter of the rabbi of the ultra orthodox Jewish Kretchnif dynasty in Kiryat Tsanz, Netanya.

Kerry not only is evading Netanyahu but also is trying to upstage him.

House Speaker John Boehner asserts next week’s speech to Congress by Israeli PM Netanyahu won’t hurt US-Israel relations.

Jordan and Israel signed an historic agreement Thursday to implement the Red Sea-Dead Sea rescue pipeline project.

National Security Adviser Susan Rice and US Ambassador to the UN Samantha Power will represent the Obama administration at AIPAC next week.

A NYC jury has convicted Al Qaeda’s ‘minister of communications’ on charges connected to the 1998 bombing of a US embassy in East Africa.

Netanyahu to meet with bipartisan congressional leadership before he addresses the joint session of Congress on March 3.

Jihadi John, the British beheader in Daesh-land (Islamic State) has been tentatively identified as Mohammed Emwazi, a Brit, born in Kuwait, who grew up in West London and has a degree in computer programming. His former friends who have identified him, and are positive its him.

An Arab tried to stab an IDF soldier at the Gush Etzion junction on Thursday evening.

More Articles from Tzvi Ben-Gedalyahu
18,000 Iranian Centrifuges

Iran already has enough centrifuges for a nuclear weapon.

President Barack Obama.

“If no one is infallible, how is it possible that Netanyahu in his opposition to a potential Iran deal is wrong and you guys are all right?”

US Intelligence Chief Says ISIS ‘low priority’ for Turkey.

Kerry not only is evading Netanyahu but also is trying to upstage him.

The survey also revealed that 52 percent of the respondents have an unfavorable view of the president.

The PA says the New York court decision is “a tragic disservice to the millions of Palestinians who have invested in the democratic process and the rule of law.

No one was injured, and anti-Christian graffiti was sprayed painted on walls.

NYC Councilman Greenfield stood his ground and walked into the consulate with his kippa on his head.

Printed from: http://www.jewishpress.com/news/israel-to-sell-500-million-of-natural-gas-to-jordan/2014/02/19/

Scan this QR code to visit this page online: