May 25, 2007
BG Group is poised to agree on the terms of an historic $4 billion deal to supply Palestinian gas to Israel from a discovery off the Gaza coastline, The Times has learnt.
Representatives from the British energy company are scheduled next week to meet a team of negotiators chosen by the Israeli Cabinet to thrash out a 15-year contract. Despite the violence in Gaza, the Israeli Foreign Ministry has insisted that it wants to conclude a deal “as soon as possible”.
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