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Israel keen on buying Azeri gas

5 June 2008 21:25 (UTC+04:00)
Israel keen on buying Azeri gas

Israel plans to buy 12 billion cubic meters of gas from Azerbaijan over 10 years, its minister of infrastructure Binyamin Ben-Eliezer said Tuesday on the outcomes of his visit to the country.
"We are working on a project that envisions transportation of Azerbaijani gas to Israel for a period of 20 to 30 years. Technical details are currently under discussion.
"The effectiveness of the project is being studied. After the contract is signed, construction of a gas pipeline from Turkey to Israel will take three years. We plan to start importing Azerbaijani gas in 2012," Ben-Eliezer said.
Azerbaijan's gas is transported through the Baku-Tbilisi-Erzurum pipeline which links the country with Georgia and Turkey.
He praised the outcomes of his visit to Azerbaijan. "I am returning from Baku with results surpassing my expectations," the minister told a news conference.
Ben-Eliezer said the gas exports contract to be inked will play the role of a guarantor of peace and stability in the Middle East. He called on Azerbaijani companies to participate in the tender on the supplies of gas to Israel which will be announced late this year.
The winner of the tender will be supplying the country with gas over the next 30 years.

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