Report: Pandemic stalls Israeli efforts to expand energy partnerships across region

The coronavirus pandemic has hampered Israeli efforts to expand energy partnerships throughout the Middle East and Europe, The New York Times reports.

Multi-billion-dollar natural gas export investments have been delayed or canceled in Australia, Mozambique, Qatar, Mauritania, Senegal, and the United States in recent weeks, NYT reports.

Natural gas discovery off the coast of Haifa saw Israel gearing up to ink sales deals with Egyptian, Jordanian, and Palestinian consumers, but as prices crash, the expected “bigger windfall on global markets” has been delayed, the report says.

 

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.