This week in energy we feel compelled to head to the Middle East, where we have seen movement on Israeli gas—another boon for US-based Noble Energy Inc.—and the hydrocarbons showdown between the Iraqi central government and the Kurdistan Regional Government (KRG), two issues we have covered extensively during the past two years.
The big news is that Israel and Jordan have signed a deal that will see Israel supply Jordan with $500 million in gas from the Tamar natural gas field in the Mediterranean, which started producing in March last year.