Showing posts with label
Government To Government Agreement (G2GA).
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Showing posts with label
Government To Government Agreement (G2GA).
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21 March 2017, 11:18 a.m. EET
David Wainer and Yaacov Benmeleh
- Aim is to create framework to let companies negotiate
- Negotiations with Italy on second pipeline proceeding
Talks between government officials on building a natural gas pipeline from Israel to Turkey may conclude as early as this summer, Israeli Energy Minister Yuval Steinitz said on Tuesday.
The aim is to create a framework that would let companies on both sides advance their own negotiations, with gas flowing to Turkey in about three years, Steinitz said in an interview with Yousef Gamal El-Din and Shery Ahn on Bloomberg Television. Israel is also in talks for a more ambitious pipeline that would pass through Cyprus and Greece to Italy, whose energy minister plans to visit Israel in early April to discuss the project, he said.
Keep up with the best of Bloomberg Politics.
12/23/2016Reporting by Amina Ismail; writing by Ahmed Aboulenein; editing by David Clarke and David Evans
CAIRO (Reuters) -- Egypt's Petroleum Minister Tarek El Molla said his country was seeking to reach an agreement with Iraq over importing crude oil directly and that he hoped to finalize the deal by the first quarter of 2017.
El Molla told reporters on the sidelines of a meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) that Egypt aims to import between 1 million and 2 million barrels per month from Iraq.
The move follows Saudi Arabia informing Egypt in last month that shipments of oil products expected under a $23 billion aid deal had been halted indefinitely.