Tamar could provide gas to Jordanian potash works

Tamar gas drilling

"The Wall Street Journal" reports a possible deal between the Tamar partners and Arab Potash Company.

The partners in the Tamar gas field off the coast of Israel could provide natural gas to potash works in Jordan, on the eastern side of the Dead Sea.

"The Wall Street Journal" reported on Friday that the Tamar partnerships, Noble Energy of the US, Delek Group Ltd. (TASE: DLEKG) and Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L), would extend their natural gas pipeline and provide gas to Arab Potash Company, which is 28% owned by Potash Corporation of Saskatchewan (PotashCorp).

Such a deal would be Israel's first ever energy export, and could open the door to larger deals with Jordan or Egypt in the future.

Published by Globes [online], Israel business news - www.globes-online.com - on December 16, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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Tamar gas drilling
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