Interfax Global Energy

Shalom should look closer to home for Leviathan gas

“Attempts to raise electricity tariffs a year ago sparked extensive unrest [in Jordan], causing the government to reverse its decision,” says Nikita Malik, commenting on Leviathan’s controversial gas sale agreement with Jordan’s NEPCO. “In the end, the IMF waived two key missed targets (on primary deficit and losses at NEPCO) to push through a disbursement of funds under its 36-month $2.1-billion stand-by agreement.”

Read more on Interfax Global Energy’s report here.

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