Israel signs water deal with Turkey

In its first water import deal, Israel has agreed to buy 15 million cubic metres of water annually from Turkey for 20 years.

    Israeli officials would not disclose the value of the deal

    But they did not disclose how much they would be paying.

    Turkey is Israel's closest Muslim ally and the two countries have military cooperation agreements. They have been discussing a deal on water sales for a long time and reached a tentative accord last year, but then failed to agree on a final price.

    "I hope we can begin (importing the water) in the very near future," Israeli National Infrastructure Minister Yosef Paritzky told reporters on the sidelines of an international economic conference organised by the Istanbul chamber of commerce.

    'Best price'

    Asked how much the deal, due to be signed in the next few days, was worth, he said: "(We have) the best possible price."

    Last October, Israel agreed to buy 60 million cubic metres a year from desalination plants at 55-56 cents per cubic metre.

    Paritzky added the two countries have still to decide how to transport the water, which will come from the Manavgat River in southern Turkey. The options include tankers and a possible pipeline across the eastern Mediterranean.

    Paritzky said this might not be limited to transporting water, when asked about the pipeline itself

    “We are thinking seriously about this. Along with water, we could also buy first natural gas, then electricity," he said.

    SOURCE: Reuters


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Daughters of al-Shabab

    Daughters of al-Shabab

    What draws Kenyan women to join al-Shabab and what challenges are they facing when they return to their communities?