Tag: Gas pipeline

Israel is poised to finalize an energy deal with Greece and Cyprus which will include a mammoth electricity project connecting the power grids of the three countries, and a potential future regional natural gas pipeline between the eastern Mediterranean allies.

Turkish President Recep Tayyip Erdoğan said that he was “very, very hopeful” about energy cooperation with Israel.

An Egyptian company will buy 85 billion cubic meters of gas, worth an estimated $19.5 billion, from Israel’s Leviathan and Tamar offshore fields in the Mediterranean Sea over a period of 15 years.

The main argument against the deal is that it would lead to a sharp rise in the number of oil tankers visiting the Gulf of Eilat, creating a threat to Israel’s coral reefs in the event of a spill.

President Rivlin asked to send his warmest wishes to the Coptic community in Egypt ahead of the Easter holiday, which will be celebrated in a more limited way this year because of the virus.

"Israel is quickly becoming an energy powerhouse, an energy-exporting country."

Egyptian authorities stopped the flow of gas to be able to extinguish the fire.

Netanyahu said it was a big day for Israel, which was turning into an energy superpower.

Jordanian Members of Parliament (MP) are pushing for an urgent legislative initiative to repeal the agreement in which Israel will supply gas to the Hashemite Kingdom, ahead of the soon-to-be-launched natural gas pipeline between the two countries.

Egyptian gas companies halted deliveries of natural gas between 2011 and 2013 after terrorists blew up the pipeline in the SInai.

Turkish media reports state that now, after their country's maritime agreement with Libya, the world can no longer ignore Turkey.

One has to consider whether any energy project for Gaza makes sense, given the proclivity of the enclave's ruling Hamas terrorist organization for destroying infrastructure intended to improve residents' lives.

“We want to build a pipeline stretching from Israel to Turkey in order to able to export natural gas from Israel to Turkey."

Energy Minister Yuval Steinitz and his Turkish counterpart met while at the World Energy Conference in Istanbul; the two explored the possibility of a natural gas pipeline from Israel to Turkey.

The deal between Israel and the PA comes in the wake of a major deal that was reached between Israel and the PA on managing the latter's $530 million debt to the Israel Electric Company.

This was the 28th time it's been blown up.