The Age Of Energy Abundance: More Cooperation, Less Conflict

  • Date: 20/02/14
  • The Times of Israel

Israeli and Jordanian officials signed a deal Wednesday under which Israel will supply $500 million worth of gas to the Hashemite kingdom from the Tamar natural gas field in the Mediterranean; deal with Turkey also possible

Workers on the Israeli Tamar gas processing rig, 24 kilometers off the southern coast of Ashkelon, October 11, 2013 (photo crdit: Moshe Shai/Flash90)

Workers on the Israeli Tamar gas processing rig, 24 kilometers off the southern coast of Ashkelon, October 11, 2013 (photo crdit: Moshe Shai/Flash90)

The supply is set to start in 2016, and to continue over a 15-year period. Ultimately, however, the deal may be expanded to a $30-billion mammoth partnership, under which Israel would become the major supplier of Jordan’s gas needs, Israel’s Channel 2 news reported.

It said that a key broker of the deal was Amos J. Hochstein, the US deputy assistant secretary of state for energy diplomacy, a child of Israeli parents, who made 14 visits to Jordan to help pave the way for the agreement. The TV report said Israel’s President Shimon Peres also helped the deal along.

Under the deal, Tamar will supply 66 billion cubic feet to Jordan’s Arab Potash and its affiliate, Jordan Bromine, at their facilities near the Dead Sea, according to a statement issued by Texas-based Noble Energy, which owns 36 percent of the Tamar field.

The Jordanians turned to Israel because their supply of natural gas from Egypt had been halted by repeated terrorist attacks on the gas pipeline from Egypt, the TV report said….

Israel is also exploring possible gas exports to Turkey, the TV report said Wednesday, despite the current strained relations between Jerusalem and Ankara.

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