Jordan Suspends Talks On $15 Billion Gas Deal With Israel by the Forward

Jordan Suspends Talks On $15 Billion Gas Deal With Israel

Image by Getty Images

Jordan has suspended negotiations with Israel on a $15 billion deal to import natural gas.

The head of the Jordanian House of Representatives Energy Committee, Jamal Gamouh, told the Israeli business daily Globes that there can be no deal until it is clear who will own the Leviathan gas field, one of Israel’s largest gas reserves, from where the 45 billion cubic meters of gas to be sold over 15 years was to come.

A letter of intent on the deal was signed in September.

The suspension comes after Israel’s Anti-Trust Authority last month recommended the breakup of a consortium of two energy companies developing Israel’s largest gas fields.

The recommendation said U.S. company Noble Energy and Israel’s Delek Group have a monopoly on natural gas production in Israel. It calls on the group to sell their shares in either the Leviathan or Tamar oil fields — or break up their partnership.


Jordan Suspends Talks On $15 Billion Gas Deal With Israel

Your Comments

The Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. All readers can browse the comments, and all Forward subscribers can add to the conversation. In the interest of maintaining a civil forum, The Forward requires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not and will be deleted. Egregious commenters or repeat offenders will be banned from commenting. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and the Forward reserves the right to remove comments for any reason.

Recommend this article

Jordan Suspends Talks On $15 Billion Gas Deal With Israel

Thank you!

This article has been sent!