Thursday, February 20, 2014

News the HP Doesn't Cover: Jordan-Israel Gas Deal

With the Huffington Post's tacit support of BDS, no wonder they didn't cover this economic news:

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.

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.

No comments:

Post a Comment

Hey guys we've started to employ a slight comment policy. We used to have completely open comments but then people abused it. So our comment policy is such: No obvious trolling or spamming. And be warned: unlike the Huffington Post we actually enforce our comment policy.