First Israeli Gas Exports Make It to Jordan

YERUSHALAYIM

After years of discoveries, deals and delays, Israeli exports of natural gas have finally begun, with the first shipment to Jordan, according to the AFP on Thursday.

The flow of gas reportedly began in January, but it was not made public until Thursday.

A spokeswoman for Delek Drilling, which along with Noble Energy is producing the gas, said it marked the first time Israel has ever exported natural gas.

Jordanian firms Arab Potash and Jordan Bromine signed a deal in 2014 to import 2 billion cubic metres (around 70 billion cubic feet) of gas from Israel’s Tamar field over 15 years. The deal’s estimated worth was $771 million.

The energy link to Jordan is slated to expand further once pumping commences from the Leviathan field, owned by the same companies. A September 2016 contract valued at roughly $10 billion was signed to pipe gas from Leviathan to Jordan. Deliveries from Leviathan are expected in 2019.

To Read The Full Story

Are you already a subscriber?
Click to log in!