Although a Jordanian parliament member announced the suspension of gas import negotiations with Israel this weekend, experts close to the issue maintain that a future deal between the neighboring countries is far from over.
“The discussions regarding the Israeli gas-importing agreement are currently suspended,” Jordanian media reports quoted MP Jamal Gammoh, head of the Lower House Energy Committee, as saying on Saturday.
Gammoh was referring to the a letter of intent signed on September 3 by the Leviathan reservoir partners to supply about 45 billion cubic meters of natural gas to Jordan’s National Electric Power Company (NEPCO) over a 15-year period. While the agreement has generated upheaval among certain parliament members and activists since its initial signing, political analysts remain confident that any momentary delay does not signify the end of the deal.
According to the Jordanian media reports, the reason behind Gammoh’s statement is the ongoing upheaval between Israel’s Antitrust Authority and the Leviathan natural gas reservoir’s main stakeholders.
On December 23, Israel Antitrust Authority commissioner David Gilo announced that he would be reconsidering the status of the Delek Group and Noble Energy – the two main investors in the Tamar and Leviathan basins – in the latter, larger reservoir. Continue reading…