Sources say that Israel is in secret talks with BG Group plc (NYSE; LSE: BG) (British Gas), which owns the rights to the Palestinian Gaza Marine license, offshore from Gaza, Globes reported.
The talks concern development of the reservoir for the Palestinian population in the West Bank and Gaza. The talks, which have been going on for several months, are unrelated to next week's visit by US President Barack Obama, but the subject will probably come up during his talks with Israeli leaders.
Adv. Yitzhak Molcho is representing Israel in the talks. Quartet Middle East Envoy and former UK Prime Minister Tony Blair is also involved.
So far as is known, there are no direct talks with Palestinian representatives, because of political sensitivities and the complex relationship between the Palestinian Authority and Hamas.