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      Archive: 1/5/2014

      News Brief

        1/5/2014, Shevat 4, 5774

      Report: Deal Signed to Sell Gas to PA for Electricity

      A deal to sell natural gas to the Palestinian Authority was signed, Sunday in Jerusalem. The gas will go to a power station to be built in the northern Shomron (Samaria) city of Jenin.

      Avner, Delek, Noble Energy and Ratio - partners in the Leviathan natural-gas field - will combine to provide 4.75 billion cubic meters of the fuel over 20 years, starting at the end of May, unless the amount called for in the contract is used up before the end of the 20 years, according to a Sunday-evening report by Israel Defense Forces Radio. Their total estimated profit will be 1.2 billion shekels.

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