MINNEAPOLIS --- Israel finalized a massive deal with Jordan last month to exploit the Leviathan offshore gas field, a massive reserve of natural gas in Israeli waters. The $10 billion deal between Israel and Jordan’s National Electric Power Company, signed on Sept. 26, reflects Israel’s increasingly powerful position in the global energy market.
Israel Could Become Major Global Energy Player In The Wake Of Leviathan Gas Deal
Israel’s efforts to achieve energy independence have come at a high cost to stability in the Middle East and North Africa. Israel’s even exploited the Syrian civil war to enable expanded drilling in the illegally occupied Golan Heights.