Tag Archive for Energy and Water Ministry

After 5 years of drought, Israel invests $30 million on emergency plan

Israel’s Minister for National Infrastructure, Energy & Water, Yuval Steinitz, explained, “The needs of the population are growing & there is decreasing precipitation. As a result, we are pressing forward with solutions to create water reserves for future years.”

By Ariel Whitman

 

Energy and Water Minister Yuval Steinitz on Tuesday met with experts to discuss the country’s water situation, following assessments from the Israel Water Authority and others said Israel was entering a fifth consecutive drought year.

Energy and Water Minister for Israel, Yuval Steinitz – Photo: Wikimedia

At the meeting, representatives from Mekorot, the national water company, and the IWA, submitted a report to Steinitz outlining the necessary actions the country must take in the immediate, short and intermediate future to prevent a national water shortage. Continue Reading »

Trump Envoy Catapults Israeli-Palestinian Water Deal Previously Stalled for Years

Signed by Jordan in 2015, President Trump’s US envoy Jason Greenblatt hailed the Palestinian signing of the historic water/power agreement by saying this deal “will lead to economic improvement in the lives of the Palestinians.”

By HERB KEINON

 

US Special Representative for International Negotiations Jason Greenblatt announced Thursday that Israel and the Palestinians have reached an agreement concerning the long-discussed Red Sea-Dead Sea Canal, which includes the sale of 33 million cubic meters of water to the Palestinian Authority to relieve the water situation there.

Greenblatt, at a press conference with Regional Cooperation Minister Tzahi Hanegbi and PA Water Authority head Mazen Ghuneim, said this agreement and the accord signed Monday between Israel and the PA that will significantly increase the power supply to Jenin are examples of how the two sides can cooperate to improve Palestinian living conditions. Continue Reading »

Turkish delegation visits Jerusalem to discuss joint Mediterranean gas pipeline

 

While delegations in Jerusalem progress in their discussions to construct a natural gas pipeline from Israel to Turkey and on to Europe, Israel’s Energy Ministry Director General Shaul Meridor is set to meet soon with Italian, Cypriot & Greek ministers for talks on a different pipeline project.

By Hezi Sternlicht

 

A delegation from the Turkish Energy Ministry is currently visiting Israel for talks about a joint gas pipeline that would pump gas from Israel to Turkey and Europe.

The project, which has been under consideration for some time, was also the focus of Energy Minister Yuval Steinitz’s visit to Turkey in October. Continue Reading »

Turkey & Israel expand energy cooperation, strengthen ties

 

6 years after the souring of ties, natural gas is helping the two regional powers begin normalizing their relations, with Israel’s Minister of Energy, Yuval Steinitz saying, ‘The economic results should be to the benefit of the peoples of Turkey & Israel.’

By Reuters

 

Israel and Turkey agreed to deepen cooperation in the energy sector on Thursday, taking a further step towards normalizing ties with the first Israeli ministerial visit to Turkey since a breakdown six years ago.

Israel’s Minister of Energy, Yuval Steinitz and Erdogan meet in Turkey – Photo source: Ynet

Israeli Energy Minister Yuval Steinitz said he would welcome more involvement by Turkish firms in the Israeli energy sector, particularly in gas exploration, and said “detailed dialogue” between the two governments would begin in the coming months,

After meeting in Istanbul with his Turkish counterpart Berat Albayrak, who is President Tayyip Erdogan’s son-in-law, Steinitz said the two had discussed the possibility of building a natural gas pipeline from Israel to Turkey. Continue Reading »

Israel’s natural-gas potential creates buzz for int’l exploration firms

 

Before heading to Singapore Israel’s Energy Minister Steinitz holds a series of meetings in London with world’s leading firms ahead of natural gas exploration tender planned for November.

By Hezi Sternlicht

 

Israel is courting foreign investors ahead of a planned natural gas and oil explorations tender the Energy Ministry plans to issue in November, Israel Hayom learned Wednesday.

U.S. Energy Secretary & Israel’s Energy Minister sign extensive energy agreement

New joint energy agreement will deepen & strengthen cooperation between the US & Israel in areas of natural gas, fuels & fuel alternatives, smart grid technologies, desalination & water treatment, and the security & cyber-defense of energy and water installations.

By Shlomo Cesana

 

U.S. Energy Secretary Ernest Moniz and his Israeli counterpart, Energy Minister Yuval Steinitz, signed a new joint energy deal in Jerusalem on Monday, intended to tighten cooperation between the countries.

U.S. Secretary of Energy Ernest Moniz and Energy Minister Yuval Steinitz at Masada on Monday

The agreement expands areas of cooperation to include fuels and fuel alternatives, natural gas, smart grid technologies, desalination and water treatment, and the physical and cyber-defense of energy and water installations. Continue Reading »

WATCH: Israel’s Natural Gas Revenues Begin Flowing , but Still ‘Drop in the Bucket’

Israel coffers took in NIS 744 million ($188 million) in 2014 royalties for offshore gas fields, a 39% increase over 2013, but far short from the NIS 3.2-3.4 billion expected in a few years.

By Yaakov Levi

 

Israel took in NIS 744 million ($188 million) in royalties for offshore gas fields – a 39% increase over the year before. That, however, is a drop in the bucket compared to the NIS 3.2-3.4 billion (about $750 million) expected by 2019, the Energy and Water Ministry said Sunday.

A natural gas rig west of Haifa, Israel. – Photo: Albatross Aerial Perspective/AP

The 2013 and 2014 royalties came mostly from the Tamar and Yam Thetis gas fields. Continue Reading »