Australia has emerged as a potential partner in Israel’s plans to export natural gas in the coming years, as representatives from both countries’ energy companies meet in Tel Aviv this week to discuss avenues of cooperation, The Jerusalem Post reported on Wednesday.
“With the recent discovery and rapid development of energy infrastructure projects in Israel, there are significant opportunities for Australian suppliers of technology, services, equipment and training to access supply chains in the oil and gas market,” said Eric Goldberg, Austrade’s Tel Aviv representative, prior to a Tuesday meeting.
Australian energy giant Woodside, is reportedly seeking a 30 percent stake in Israel’s 535-billion cubic meter Leviathan basin.
Kevin McCann, chairman of the Australian firm Origin Energy Limited and the leader of the delegation, stressed that Israel could particularly benefit from working with Australian companies when developing its natural gas export industry.
“I think the Australian companies, in the area of providing services, would be very well qualified to help Israel with this project,” McCann said. “We’ve got the expertise, we’ve undertaken these projects…. We can do the civil works and we can do the subsurface sea work.”
McCann said that Australia’s laissez faire gas export policy has stimulated exploration in the country’s waters.