میدل-ایست-آیUS, Israel and UAE discussed using Gaza gas to fund reconstruction, sources say
US, Israel and UAE discussed using Gaza gas to fund reconstruction, sources say
The US, Israel and UAE have discussed using profits from Gaza’s offshore gas supplies to help pay for the reconstruction of the destroyed enclave, one former western official and a current western and Arab official told Middle East Eye.
The discussions have taken various forms, but one includes the Abu Dhabi National Oil Company (Adnoc) taking a stake in Gaza’s undeveloped gas fields and those funds contributing to the reconstruction of Gaza, the sources told MEE.
The talks are preliminary, and like much of the post-war planning for Gaza that the US has spearheaded, even before a ceasefire was signed in October, no hard commitments have been made, the sources said.
But the former western official told MEE that the idea of monetising Gaza’s gas for reconstruction resurfaced in December.
Gas was discovered in Gaza’s marine field in 2000.
