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Turkey and Israel Set to Further Gas Co-Operation

NATURAL GAS

Turkey and Israel will soon begin taking joint steps in drilling projects, President Tayyip Erdogan said Thursday adding the two nations would operate energy networks to Europe through Turkey.

  • It was the first meeting between Erdogan and Israels Benjamin Netanyahu met in person, a significant sign in easing relations.
  • "God willing, we will take this step without much delay and we will start energy drilling operations with Israel. We will also start operating energy transfer networks to Europe through Turkey, not just to Turkey," Erdogan was cited as saying.
  • Energy has emerged as a main area for potential cooperation moving forward.
  • "In the meeting, opportunities for energy cooperation primarily in areas like natural gas exploration, production and trade were discussed," said Turkey's Energy Minister Alparslan Bayraktar, who participated.
Energy BulletsCommodities
Energy BulletsCommodities

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