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September 23, 2014 / 28 Elul, 5774
At a Glance

Posts Tagged ‘Export’

Big in Japan

Friday, May 9th, 2014

Prime Minister Bibi Netanyahu will be traveling to Japan on Saturday evening for a four day meeting to discuss increasing economic and diplomatic cooperation.

During the meeting, Netanyahu will meet the emperor and empress of Japan, as well as the Japan’s prime minister, Shinzo Abo.

Its expected that in 2014 the Asian market became Israel’s 2nd largest export partner, knocking the US down a notch.

Israel’s exports to Japan stand at $1.1 billion, and its imports at $1.5 billion. According to a Jerusalem Post report, there is a tremendous amount of room for increased trade with Japan.

Trade with Asia is nothing new for Israel. The Far East has been a trade partner with Israel going back 3000 years.

Domo arigato gozaimasu.

Tshuva To Export 20% of “Tamar” Gas Field to Egypt

Tuesday, May 6th, 2014

Yitzchak Tshuva plans to sell 20% of the gas drilled from the “Tamar” gas field to Egpyt, according to a report in Calcalist.

Letters of understandings were signed, and official contracts are expected to be signed in six months.

This is the first export agreement with Egypt, and follows the export agreement signed a few months ago with Jordan.

Egypt is to receive 4.5 BCM (billion cubic meters) each year for 15 years. The deal is valued at 1.1 to 1.3 billion dollars a year for a total of around $20 billion dollars.

The “Tamar” gas field holds an estimated 320 BCM and is owned by Noble Energy (36%), Delek and Avner Drilling (31.25%), Isramco (28.7%) and Dor Gas (4%).

Printed from: http://www.jewishpress.com/news/breaking-news/tshuva-to-export-20-of-tamar-gas-field-to-egypt/2014/05/06/

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