WhatFinger

Gas companies should push for the rapid implementation of the export deal with Egypt while the Egyptian gas shortage continues

New Obstacles Facing Israeli Natural Gas Exports


By -- Oded Eran, Elai Rettig—— Bio and Archives--July 10, 2018

World News | Comments | Back To Full Article

New Obstacles Facing Israeli Natural Gas Exports Two developments of recent weeks threaten to reduce significantly the possibility of exporting Israel’s natural gas. One is Erdogan’s victory in the Turkish elections and the expansion of his powers, which reduce and perhaps eliminate the chances of an underwater gas pipeline from Israel to Turkey. The second is initial reports regarding new gas reserves off the coast of Egypt, which threaten the existing deal to export gas from Israel to Egypt, as well as Israel's plan to make use of Egypt's liquefaction facilities to export liquid gas to Europe.
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