Al Bawaba: Sounds better: Jordan to import gas from Gaza Marine field
While it was reported in Jordan yesterday that the negotiations on importing Israeli gas from the Leviathan reserve had been halted, Bloomberg reports that Jordan, which is in need of cheaper sources of energy, will import gas from the Gaza Marine field 35 kilometers from the coast of the Gaza Strip. According to Bloomberg, the Jordanians will import 1.5-1.8 BCM (billion cubic meters) of gas annually.
The Gaza Marine reserve was discovered in 2000. It contains 32 BCM, and is owned by British Gas (60%), which also operates the reserve, Consolidated Contractors Company (CCC) (30%), and the Palestinian Authority (10%).
Meanwhile, despite the tension between Israel and Jordan in recent weeks, industry experts say that, since the proposed Leviathan deals are long term, for 15-20 years, both sides understand that there will be ups and down in relations between them, and this will not affect the signing of an agreement. Technically speaking, the option of exporting gas to Jordan is cheap and quick, since it requires laying an onshore pipeline only a few kilometers in length