Subscribe to Print Edition | Fri., August 29, 2008 Av 28, 5768 | | Israel Time: 21:47 (EST+7)
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Israel may import Qatari gas
By Barak Ravid and Avi Bar-Eli
Tags: Israel, Tzipi Livni, Qatar

Israel and Qatar agreed to examine a possible cooperation on importing of natural gas to Israel, at a meeting held between Foreign Minister Tzipi Livni and Qatar's energy minister, Abdullah bin Hamad. The parties agreed to continue discussions between experts on behalf of the two countries. Qatar currently commands 15% of the global liquid natural gas market, and is the largest supplier in the world.

In a formal preliminary meeting, Ben Hamad rejected the proposal to hold commercial negotiations between the two countries, saying that Qatar's gas supply capacity is exhausted until at least 2011, after recently signing a series of gas supply contracts, including a huge contract with China.

T
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he possibility of Israel buying natural gas from Qatar was first raised in the mid-1990s, after initial diplomatic relations between the two countries were established, and discussions progressed to an advanced stage. But in 1997, energy minister Ariel Sharon informed Qatar that Israel was not interest in completing the deal at that time.
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