Israel & USA signed a new energy agreement

The agreement will boost co-operation for exploration, production and distribution technologies for fossil and alternative fuels
10.04.16 / 10:55
Israel & USA signed a new energy agreement
10.04.16
Israel & USA signed a new energy agreement

U.S. Energy Secretary Moniz and his Israeli counterpart, Energy Minister Steinitz signed a new joint energy deal in Jerusalem on 4 April, intended to tighten cooperation between the countries.

 

It will boost co-operation for exploration, production and distribution technologies for fossil and alternative fuels as well as research and development for natural gas, transmission, distribution and smart grid.

 

The agreement also sees the importance of developing advanced energy and water technologies to secure supply while protecting the environment and increasing efficiency within the two countries and cyber-defense of energy and water installations.

 

The deal stemmed from the understanding that developing advanced technologies in the fields of energy and water, for the purpose of creating secure methods of delivery while protecting the environment and making energy more efficient, was of utmost importance to both countries, and the physical and cyber-defense of energy and water installations.