Jordan secures gas exports from Israel

5 Sep 2014   Israel, Jordan

Israel’s Delek Group signed the letter with the National Electric Power Co. of Jordan. “The estimate scope of the binding agreement [outlined in the letter] is for the supply of an overall amount of 45 billion cubic meters [1.6 trillion cubic feet] over a period of 15 years,” the Israeli company said. Jordan in the past has struggled to find a reliable source of natural gas in part because of downstream problems in Egypt. In February, Jordanian companies Arab Potash and Jordan Bromine secured a total gross quantity of 66 billion cubic feet of natural gas from the Tamar field, also located off the Israeli coast Leviathan, with an estimated 18 trillion cubic feet of gas, should go onstream in 2016. Much of the reserves from the offshore field are already designated for exports to regional customers. Tamar is estimated to hold as much as 10 trillion cubic feet […]

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