Israel and Turkey Seek to Shield Natural Gas Ties From Politics
- Governments working on deal that would provide such insurance
- Israel could pump gas to Turkey in 3 years: energy ministry
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Israel and Turkey are working to eliminate a major obstacle to natural gas deals: their own fractious history.
The two governments are working on a framework for the export of Israeli natural gas to Turkey that would protect contracts between companies if diplomatic ties break down, Israeli Energy Ministry Director-General Shaul Meridor said in an interview in Jerusalem. With such a shield in place, gas could begin flowing from Israeli waters to Turkey as soon as 2019, he said.