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Russian Gas

Photo: Yaron Brener
Minister Binyamin Ben-Eliezer  Photo: Yaron Brener
 

 

Israel wants to buy Russian gas, minister says

National Infrastructure Minister Ben Eliezer announces plans to buy up to 5 billion cubic meters of Russian gas per year, to be transferred via pipeline through Turkey

Associated Press
Published: 02.08.07, 17:01 / Israel Business

Israel wants to buy 2 billion cubic meters of Russian natural gas a year that could be delivered through a pipeline extended from Turkey, an Israeli minister was reported as saying Thursday by a Russian news agency.

 

"Israel plans to buy 2 billion cubic meters of Russia's gas," National Infrastructure Minister Binyamin Ben-Eliezer said, according to ITAR-Tass.

 

The minister, who was to hold talks Thursday in Moscow with the head of state Russian gas monopoly OAO Gazprom, added that Israel in the
long-term could import up to 5 billion cubic meters a year from Russia.

 

Ankara announced last month that it and Moscow had agreed to hold talks on extending a pipeline already carrying Russian natural gas to Turkey to deliver supplies to Israel as part of a project to build a network of pipelines to ship oil, natural gas and water from Turkey to Israel.

 

Michael Brodsky, a spokesman for the Israeli Embassy in Moscow, said it would take at least five years to complete the gas pipeline extension and start Russian gas deliveries to his country.

 

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