Mar 18 '16 / EIPA Updates

The European Union has expressed interest in buying natural gas from Israel. Israeli National Infrastructure, Energy and Water Minister Yuval Steinitz met with EU Ambassador to Israel Lars Faaborg-Andersen on Wednesday to discuss possible export of newly found natural gas to Europe. According to a statement issued by the ministry, Steinitz updated the EU ambassador ‘’on the timeline regarding the development of gas reservoirs and the possibility …

Sep 4 '14 / EIPA Updates

Israel has signed an agreement with Jordan which foresees the supply of $15 billion (11,4 billion euros) worth of natural gas from its Leviathan energy field over 15 years. Israeli Energy and Watere Minister Silvan Shalom, who still needs to approve the memorandum of understanding, hailed the agreement, and referred to it as “a historic act that will strengthen the economic and diplomatic …

Feb 21 '14 / EIPA Updates

Israeli and Jordan have signed a deal under which Israel will supply from 2016 $500 million worth of gas to Jordan from the Tamar natural gas field in the Mediterranean. The supply will continue over a 15-year period and, according to Israel’s Channel 2 television the deal may be expanded to a $30-billion mammoth partnership, under which Israel would become the major supplier of …