The Qatari government is holding negotiations to sell liquid natural gas
(LNG) to
Israel
, the Egyptian newspaper
"Youm7" reported today.
"Youm7" added that according to sources
Israel
is making preparations to receive Qatari LNG carriers, including the
construction of large capacity tanks.
The paper observed that
Qatar
recently expanded its production of LNG, and it intends to increase its natural
gas development projects. Total annual liquid gas production in
Qatar
,
"Youm7" said, recently reached 10 million tons, and it is expected to
increase to 12 million tons by 2015.
The Egyptian-Israeli
natural gas pipeline has suffered repeated attacks and disruptions this year
and gas supply has been suspended for several months. According to
"Youm7",
Israel
loses
NIS
6 million daily due to the suspension of Egyptian natural gas supplies.
Back in May, the Arab media reported that
Qatar
was ready to sell LNG to
Israel
,
and that importing LNG would be a solution for the financial troubles of theIsrael Electric Corporation(IEC). There has been talk of a
building a large capacity floating buoy to store the LNG off the coast of the
Hadera power station. "Globes" revealed last month that IEC is in
talks with
Italy
's Micoperi Marine Contractors srl over construction of such a terminal.