JERUSALEM: A controversial Jordan-Israel gas deal went live on Tuesday despite heated public opposition, as the first experimental pumping of gas extracted from shores east of Haifa began.
The $10 billion, 15-year agreement calls for the import of gas from the Levitan gas well around 50 km west of Haifa. Jordan is expected to receive 300 million cubic meters of natural gas daily.
Jordan will reportedly be fined $1.5 billion if it abrogates the deal, and it can reduce its import by no more than 20 percent even if it finds gas within its borders.
Source Link: https://www.arabnews.com/node/1607661/middle-east