Qatar to invest $60 million in Gaza pipeline

Qatar will invest about $60 million in a gas pipeline to bring Israeli natural gas to the Gaza Strip.
Emadi stated that Doha, the Palestinian Authority and the Gaza electricity company have signed a Memorandum of Understanding on a long-term project to supply Israeli natural gas to the only power plant in Gaza. Qatar’s aid to the Strip currently includes fuel deliveries from Israel for a monthly amount of $7 million. Emadi stated that the plan aims to replace the diesel fuel currently used by the Gaza power plant with Israeli gas, with the objective of possibly producing 500 megawatts. This would alleviate Gaza’s chronic electricity deficit. The agreement should involve, in addition to Qatar, PA and Israel, Hamas, Egypt and the European Union. Emadi said the initiative could save Palestinians up to 10 million dollars a month.