Israeli gas holds promise of better ties with neighbours


  • World
  • Monday, 14 Apr 2014

Pipes carrying liquefied natural gas are seen on a tanker in the Mediterranean, some 10 km (6 miles) from the coastal Israeli city of Hadera in this January 22, 2014 file picture. REUTERS/Baz Ratner/Files

MILAN/LONDON (Reuters) - Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Israel has in recent months already signed energy deals with Jordan and the Palestinian Authority, though relations with the Palestinians are at a low ebb, and now needs to expand its export horizons to cash in on its huge energy discoveries.

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