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“A lot of economic sense for Israel to export gas to Turkey”

Oil&Gas Materials 16 December 2015 16:22 (UTC +04:00)
It makes a lot of economic sense for Israel to export gas to Turkey, since the current crisis between Turkey and Russia will definitely lead to some negative economic consequences for Turkey.
“A lot of economic sense for Israel to export gas to Turkey”

Baku, Azerbaijan, Dec.16

By Anakhanum Khidayatova - Trend:

It makes a lot of economic sense for Israel to export gas to Turkey, since the current crisis between Turkey and Russia will definitely lead to some negative economic consequences for Turkey, Australian writer and international political expert Justin Amler told Trend.

The crisis is relations with Moscow could lead to a shortfall in energy supplies to Turkey from Russia, he said, adding that Israel, with its close proximity, is in a perfect position [for exporting gas to Turkey].

"As a result of this crisis, you will likely see a softening in Turkey's position towards Israel," said Amler.

After the deterioration of relations between Moscow and Ankara due to the downed Russian SU-24 bomber, Turkish media said that Turkey and Israel will restore their bilateral relations. Turkey's Foreign Minister Mevlut Cavusoglu even confirmed the fact of secret talks with Israel.

Israel's Prime Minister Benjamin Netanyahu emphasized the possibility of supplying Israeli gas to Turkey and said this factor can "change the relations between the two countries."

Israel's gas reserve reaches a trillion cubic meters, according to various estimations. As much as 620 billion cubic meters of this volume accounts for Leviathan field, 303 billion cubic meters - Tamar field and 58 billion cubic meters - two smaller fields located next to it.

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Follow the author on Twitter: @Anahanum

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