Egypt output growth pressuring Israel-Jordan deal

By Staff reporter 7 April 2017

Egypt’s insistence that it will have excess gas for export by 2018 is putting pressure on Jordan to stop plans to import gas from Israel’s Leviathan field, Israeli business daily Globes has reported.

Egypt’s minister of petroleum and mineral resources, Tarek el-Molla, reiterated the country’s intention to be self-sufficient in gas production by next year.

Production from Leviathan is likely to start after that, meaning Jordanian buyers may prioritise a deal with Egypt over potential future supplies from Israel.

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