The coronavirus pandemic has hampered Israeli efforts to expand energy partnerships throughout the Middle East and Europe, The New York Times reported.
Multi-billion-dollar natural gas export investments have been delayed or canceled in Australia, Mozambique, Qatar, Mauritania, Senegal, and the United States in recent weeks, NYT reported.
Natural gas discovery off the coast of Haifa saw Israel gearing up to ink sales deals with Egyptian, Jordanian, and Palestinian consumers, but as prices crash, the expected “bigger windfall on global markets” has been delayed, the report said.