Shalom should look closer to home for Leviathan gas

Public opposition to Israeli gas imports means two key deals to supply Leviathan gas to Egypt and Jordan are in doubt. Meanwhile, Israel’s energy minister has thrown his support behind a questionable pipeline to Europe Public opposition to Israeli gas imports means two key deals to supply Leviathan gas to Egypt and Jordan are in doubt. Meanwhile, Israel’s energy minister has thrown his support behind a questionable pipeline to Europe.
By Leigh Elston 11 December 2014 0 14442
Talks to pipe Leviathan gas to the Idku LNG plant are progressing well. (BG Group)

If the Leviathan partners secure binding gas sales agreements with BG Group in Egypt, or with Jordan’s state-owned National Electric Power Co. (NEPCO), it would not only be a commercial boon for the developers, but a major political coup for Israel. Yet, rather than focus on clinching these deals, Israeli Energy Minister Silvan Shalom has thrown his weight behind a pipeline to ship Leviathan gas to Europe that few believe makes commercial sense.

Shalom and the Greek and Cypriot energy ministers are

Log in or register for a free trial to continue reading this article

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up