Jordan suspends talks on $15 billion gas deal with Israel


JERUSALEM (JTA) — Jordan suspended negotiations with Israel on a $15 billion deal to import natural gas.

Jamal Gamouh, the head of the Jordanian House of Representatives Energy Committee, told the Israeli business daily Globes that there can be no deal until it is clear who will own the Leviathan gas field, from where the 45 billion cubic meters of gas will come. The gas from Leviathan, one of Israel’s largest gas reserves, will be sold over 15 years.

A letter of intent on the deal was signed in September.

Last month, Israel’s Anti-Trust Authority recommended the breakup of a consortium of two energy companies developing Israel’s largest gas fields, including Leviathan.

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