The Delek energy group just signed a 15 year deal that will see the sale of Israel’s natural gas worth $10 billion to the Hashemite Kingdom of Jordan.
By The Associated Press
The agreement, announced Monday, would provide 45 billion cubic meters (1.6 trillion cubic feet) of gas to Jordan over 15 years. Delek says revenues could amount to $10 billion.
Delek Drilling CEO Yossi Abu hailed the “historic” deal and said developers of the Leviathan reservoir would pursue similar agreements with others in the region, including Egypt, Turkey and the Palestinian Authority.
Israel and Jordan signed a peace deal in 1994.
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