Egypt to supply Jordan with half of its natural gas needs
Egyptian President Abdel-Fatteh El-Sisi visited Amman on Sunday. At his meeting with King Abdullah, it was agreed that Egypt would provide the kingdom with half of the natural gas it needs to generate power in 2019. The price was not released, but Jordan’s Minister of Energy and Mineral Resources Hala Zawati said the deal will support the stability of the power supply in Jordan and reduce its energy bill.
5 thoughts on “Egypt to supply Jordan with half of its natural gas needs”
I thought Israel had a 15-billion deal to supply Egypt. So Egypt mark-up the gas, pipelines it to Jordan and Israel loses an obvious market for its gas… or I am reading this incorrectly?
Why can’t Saudi Arabia supply Jordan with gas…..
It is better when Israel supplies gas.
A brilliant deal for Egypt, Jordan, AND Israel (whether, or not, the gas to Jordan is Israeli). A little game theory exercise follows.
If the Debka report is TRUE: Egypt gets extra funds to pay for Israeli gas; Israel therefore sells it obligated quotas to the Egyptians and gets paid in full; the Egyptians make a mark-up; the Jordanians pay less than the otherwise would for the Egyptian gas (otherwise, why enter into the deal?); and both the Jordanian and Egyptian economies are stabilized.
I leave it to the reader to tell ME that if the Israeli gas origin story proves FALSE and the gas originates from Egyptian fields– how would the FALSE case would have different outcomes.
Sounds like a win-win-win to me. Open the valves!! If Israel can forge partnerships with two arab neighbors, that’s two arab countries they won’t have to fight.