Noble Signs $771 Million Deal to Export Israel Gas to Jordan
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Noble Energy Inc., a partner in Israel’s Tamar natural-gas field, signed a $771 million agreement to supply Arab Potash Co. with fuel starting in 2016, the Jordanian company said.
The signing in Jordan’s capital of Amman marks Israel’s second gas export deal. Jordan is seeking to secure its energy supply after repeated disruptions to imports of Egyptian fuel as a result of pipeline bombings in Sinai. The U.S. State Department helped mediate the talks, according to a person familiar with the matter who spoke on condition of anonymity because the matter is private.