French investors may participate in the financing of a gas pipeline from a field near the Dead Sea to Sdom and Beersheba, it was reported today.
Prospective French investors met with Israel Finance Ministry officials to discuss the prospects of such a joint enterprise. Israel is planning to build a short pipeline from the Zohar field to Sdom. The joint project calls for a 12-inch pipeline from Sdom to Beersheba at a cost of 4,000,000 pounds ($2, 240, 000).
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
