US EditionIsrael, Azerbaijan Step Up Alliance With Gas Exploration Deal
- Israel and Azerbaijan will sign a gas exploration agreement on Monday, granting SOCAR a license for exploring natural gas in Israel, according to the Israeli Ministry of Energy and Infrastructure.
- The deal aims to enhance Israel's energy security and strengthen its ties with Azerbaijan, a key oil supplier, as noted by the Energy Minister Eli Cohen.
- Azerbaijan's Economy Minister Mikayil Jabbarov will sign the deal during his visit to Israel, the first by an Azerbaijani minister since the Oct. 7 massacre in Israel.
- SOCAR, British BP, and Israeli NewMed Energy will explore new areas in Israeli waters, marking SOCAR's first gas exploration outside Azerbaijan.
16 Articles
16 Articles
Israel and Azerbaijan to ink strategic energy agreement
For Israel, ties with Azerbaijan—which shares a 428-mile border with Iran, a country that is home to tens of millions of Azeris—are of strategic importance, both as a conduit for intelligence and because it supplies more than a third of the Jewish state’s oil. By Etgar Lefkovits, JNS Israel and Azerbaijan will sign an agreement in Jerusalem on Monday granting the State Oil Company of the Republic of Azerbaijan (SOCAR) a license for gas explorati…
Israel and Azerbaijan to ink strategic energy agreement amid strengthening ties
Azeri economy minister and national energy company chair to visit Israel to sign gas exploration deal, marking first visit by Muslim country official since October 7 attack; he will meet with President Herzog and senior ministers during trip
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