Despite Turkey-Israel accord, gas deal complex

The deal signed by Israel and Turkey on Tuesday to restore ties is believed to pave the way for a possible gas deal, however logistical, political and financial obstacles could mean such a project is still a long way off, if at all doable.

National Infrastructure, Energy and Water Minister Yuval Steinitz welcomed the agreement, saying it was a sign the two countries had chosen “the way of peace.”

He said the deal “will continue the development of Israel’s natural gas market as well as the possibilities of finding and developing more gas fields beyond Leviathan.”


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