Israel Sucking Up Our Natural Resources

In early 2014, Delek Group said that it had signed an agreement to export natural gas from the Tamar project to consumers in Jordan, and two Jordanian companies, Arab Potash Company and Jordan Bromine Company, had signed deals to buy Israeli gas that would serve them in their plants located on the eastern bank of the Jordanian side of the Dead Sea. Back then, the supply was expected to begin in 2016, and to last for about 15 years.

According to Israeli newspaper Haaretz, Israel and the two companies had decided not to announce the start of deliveries due to the sensitive topic that Israel is doing business with Jordan. Although Jordan and Israel signed a peace treaty in 1994 – which made Jordan the second of just two Arab countries with a peace deal with Israel, after Egypt – the peace is unpopular with Jordanians because nearly half of them are of Palestinian origin.

In September 2016, Delek also signed a deal to export natural gas from the giant Leviathan gas field to the National Electric Power Company of Jordan for a period of 15 years.

Deliveries begin only after the Leviathan goes on line at the end of 2019.

Picture above shows King Hussein of Jordan lights Israeli Prime Minister Yitzhak Rabin’s cigarette at his royal residence in Akaba, shortly after signing the peace treaty at Arava border-crossing.

Sources:

http://oilprice.com/Latest-Energy-News/World-News/Israel-Just-Started-Exporting-Natural-GasTo-Jordan.html

http://www.israelnationalnews.com/News/News.aspx/225999

http://ir.delek-group.com/phoenix.zhtml?c=160695&p=irol-newsArticle&ID=1901252

http://www.haaretz.com/israel-news/business/1.774758

 

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