{"id":205503,"date":"2014-11-21T00:00:00","date_gmt":"2019-03-12T18:59:48","guid":{"rendered":"https:\/\/www.un.org\/unispal\/?p=205503"},"modified":"2019-03-12T18:59:48","modified_gmt":"2019-03-12T18:59:48","slug":"auto-insert-205503","status":"publish","type":"document","link":"https:\/\/www.un.org\/unispal\/document\/auto-insert-205503\/","title":{"rendered":"Quartet Representative advisor says development of Gaza offshore gas field would constitute important source of revenue for PA – OQR article\/Non-UN document"},"content":{"rendered":"
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The Palestinian dimension of the regional energy landscape<\/strong><\/p><\/div>\n

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Friday, Nov 21, 2014 in <\/i><\/span>Office of the Quartet Representative<\/i><\/a><\/p><\/div>\n

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“The dynamic regional context creates opportunities for synergies between Palestinians, Israelis and other regional actors in the field of energy,” Ariel Ezrahi, Energy Advisor at the Office of the Quartet Representative told the<\/span> <\/span>International Oil and Gas Conference<\/strong><\/a> on Thursday (20 November 2014).<\/span><\/p><\/div>\n

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In his<\/span> <\/span>presentation<\/strong><\/a> t<\/span>o the conference at the Dead Sea in Israel, Ezrahi gave an overview of the Palestinian energy sector including the current capacities, future demand, and potential opportunities for investment and development. He said that development of the Gaza Marine offshore gas field would constitute an important source of revenue for the Palestinian Authority, and fuel Palestinian power generation projects for years to come. The Gaza Marine field would not only be a cost-efficient solution for domestic power generation, but also a more environmentally friendly solution than the present sources of fuel, said Ezrahi.<\/span><\/p><\/div>\n

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He also noted that the West Bank currently has no power generation capacity whatsoever. Electricity usage is currently around 860 megawatts, but demand in the West Bank alone is expected to reach around 1,300 megawatts in 2020. Gaza currently receives between 150 to 210 megawatts, while demand is closer to 410 megawatts. By 2020, Ezrahi said, demand will hit 855 megawatts.<\/p><\/div>\n

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“There is a lot of room for cooperation in the energy sphere between Palestinian actors and Israel and other regional counterparts. I think it's a very exciting time and that the energy sector can hopefully act as a bridge to overcome some of the political constraints. And that would be in everyone's interest,” he told participants.<\/p><\/div>\n

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“Israel needs to see the Palestinians as an asset as they strive to join the regional power grid, and as a bridge to the Arab world.” Ezrahi emphasised that the Gaza Marine field should not be seen as a competitor to Israel’s fields, but rather, it provides a potential additional source of gas and opportunities for cooperation between the neighbouring countries. <\/p><\/div>\n

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Related Links<\/strong><\/p><\/div>\n