With neither Israel nor Lebanon acknowledging the historic deal, Washington and Moscow are said to have orchestrated this ‘no longer secret’ Israel-Lebanon gas deal in order to undermine Iran’s control over Lebanon.
By Debbie Mohnblatt, The Media Line
Israel has reportedly signed a secret agreement to supply natural gas to energy-starved Lebanon, through Egypt, Jordan and Syria.
Amos Hochstein, the U.S. senior adviser for energy security, brokered the deal signed on Saturday in which Israeli gas may end up in Lebanon, Israeli media reported.
Gas would be pumped from the Leviathan offshore extraction station, 81 miles west of Haifa, and shipped via a pipeline through Egyptian, Jordanian and Syrian territory. Continue Reading »
Prior to the electrical equipment of Israel-Jordan gas-line being torched yesterday in protest to the upcoming import of natural gas from Israel, Jordanian parliamentarian Tariq Khoury demanded, “Every free man in Jordan must sacrifice himself and his children to blow up a gas line that passes through Jordanian territory, we are all martyrs of the project.”
By TZVI JOFFRE
Two electrical transformers servicing a gas transfer station intended to transport gas from the Leviathan natural gas field in Israel into Jordan were torched by unidentified people in Irbid in northern Jordan on Saturday.
According to Sky News Arabia, this is not the first attack against the gas transfer station in Irbid. Continue Reading »
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.
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 »
The drilling partners behind Israel’s large Leviathan gas reservoir have sealed their first export deal for the basin – a $1.2 billion sales agreement with the Palestine Power Generation Company.
Officials from Delek and the Palestinian Authority – Photo: Chen Galili
According to the agreement, signed at the American Colony Hotel in Jerusalem on Sunday, PPGC will buy around 4.75 billion cubic meters of gas for a period of 20 years, to fuel a future power plant in Jenin with a 200-megawatt capacity. Continue Reading »