Israel has $500M gas deal with Jordan, but wider exports still unclear

21 Feb 2014   Israel, Jordan

┬áIsrael has signed its first gas export deal, selling gas worth $500 million to Arab peace partner Jordan, but debate is still unresolved on whether the Jewish state will export the bulk of its gas via undersea pipeline or by tanker as liquefied natural gas. The gas that will go to Jordan, Israel’s eastern neighbor, from the Tamar field in the eastern Mediterranean under the 15-year contract signed Wednesday will be pumped via pipeline to two of the Hashemite kingdom’s chemical companies, Arab Potash and its subsidiary Jordan Bromine, at their facilities on the Dead Sea. Stakeholders in the Tamar field, headed by Noble Energy of Houston, Tex., and its Israeli partners Delek Group and Avner Oil & Gas, signed a 20-year gas supply deal with the Palestinian Authority in January for a planned power station in the West Bank. Technically, the […]

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