tamar offshore gas field_311.
(photo credit: Courtesy)
The government is considering allowing a group of Palestinian investors to build
a natural-gas-driven power station in the Jenin area at an investment of $250
million, people familiar with the matter told Globes. The entrepreneurs want to
buy Israeli natural gas and re in talks with the partners in the Tamar gas
field, Noble Energy Inc., Delek Group Ltd., Isramco Ltd. and Alon Natural Gas
Exploration Ltd., the sources said.
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The Palestine Power Generating
Company (PPGC) has a license from the Palestinian Authority to build and operate
a 600-megawatt power station in the Jenin area. The power station will initially
generate 200 MW.
The project also includes expanding the Palestinian
power station in Gaza and is intended to help the Palestinian Authority meet its
own electricity needs and bring it into the era of natural
Construction of the power station will render it unnecessary for
Israel to build an 800-MW power station now. The Palestinian population in the
West Bank currently consumes 8 percent of the electricity generated by Israel
PPGC has sent its venture to the National
Infrastructures Ministry for evaluation after receiving provisional approval
from the Prime Minister’s Office.
The Prime Minister’s Office is
examining political aspects of the proposal, while the National Infrastructures
Ministry is examining the technical and professional aspects, government sources
The sources said the Israeli government has not yet
formulated its final position on the Palestinian proposal, but it has the
impression that the proposal is serious. Israeli cooperation is necessary
primarily to hook the planned power station to the natural-gas pipeline
Israel Natural Gas Pipeline Company is currently building a
pipeline in the Megiddo area, only a few kilometers from Jenin.