• 3 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 6 minutes Question: Why are oil futures so low through 2020?
  • 9 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 3 mins Energy from thin air?
  • 1 hour Fast-charging, long-running, bendy energy storage breakthrough
  • 6 hours CoV-19: China, WHO, myth vs fact
  • 19 hours Has Trump put the USA at the service of Israel?
  • 2 hours Can LNG Kill Oil?
  • 21 hours Solar Cells at 25 Cents Apiece (5 cents per watt)
  • 1 hour The New Class War Exposes the Oligarchs and Enablers
  • 21 hours Trump reinvented tariffs and it worked
  • 19 mins "For the Public's Interest"
  • 20 hours Cheap natural gas is making it very hard to go green
  • 1 day Foxconn cancelled the reopening of their mfg plants scheduled for tomorrow. Rescheduled to March 3rd. . . . if they're lucky.
  • 5 mins Hey NYC - Mayor De Blasio declares you must say goodbye to fossil fuels. Get ready to freeze your Virtue Signaling butts off.
  • 2 days Is cheaper plastics feedstock on the horizon?
OPEC Sees Oil Demand Grow By 990,000 Bpd In 2020

OPEC Sees Oil Demand Grow By 990,000 Bpd In 2020

OPEC slashed on Wednesday its…

Do Oil Drillers Need A New Business Model?

Do Oil Drillers Need A New Business Model?

Exploration and production companies in…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Israel, Turkey Discuss Energy After Years Of Diplomatic Silence

Erdogan Netanyahu

Israel and Turkey discussed building a gas pipeline between the two nations, according to the Israeli energy minister, who made the announcement during the country’s first ministerial visit to Turkey in six years.

The two countries’ ministers agreed to “establish immediately dialogue between our two governments” to determine the project’s feasibility, according to Israeli Energy Minister Yuval Steinitz, who stood next to his Turkish counterpart at the press conference.

Steinitz is Israel’s most senior official to visit Turkey since they agreed to renormalize ties this past June.

The talks included the possibility of constructing a natural gas pipeline, and Turkey providing electricity and other energy to Palestinians.

"We discussed energy in general and particularly the issue of natural gas and the possibility of building a natural gas pipeline from Israel to Turkey in order to deliver natural gas to Turkey and to Europe," Steinitz said.

Diplomatic relations between the two nations quickly disintegrated under Erdogan’s rule after the 2008/2009 Gaza War and Israel’s 2010 Gaza flotilla raid, in which 10 Turkish activists were killed—an incident for which Israel has since apologized.

Both sides have been motivated to reach an understanding in recent months, as Israel searches for potential customers for its newfound energy reserves in the Dead Sea, and NATO-allied Turkey strives to regain regional power, according to Al-Jazeera.

Feridun Sinirlioglu, the undersecretary to the Turkish foreign ministry, and Israeli representative Joseph Ciechanover met in Rome to discuss the deal, according to the Turkish news source Hurriyet.

"The deal will see Israel apologize for the 2010 attack on an aid flotilla travelling to Gaza, in which 10 Turkish nationals were killed by Israeli commandoes, compensations for the victims' families and a minor easing of Israel's blockade of the Palestinian territory," Al Jazeera reported.

The fund compensating for the deaths of the 10 Turkish activists will contain $20 million, the AFP reported.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage


Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News