UAE, Israel discuss energy, infrastructure cooperation

The energy ministers of the United Arab Emirates and Israel discussed possible cooperation and investment opportunities, including natural gas exports to Europe, in a video call on Wednesday, an Israeli statement said.

Israel and the UAE signed an agreement on Sept. 15 to establish diplomatic relations, an accord that Energy Minister Yuval Steinitz said in the statement presented a “historic opportunity” for energy development in the region.

“I spoke (with the UAE energy minister) on cooperating in linking power grids and developing the natural gas market for exports via pipeline to Europe … as well as other projects,” the statement quoted Steinitz as saying.

The statement, released by Steinitz’s office, said he proposed the UAE join an Egypt-based energy forum that seeks to promote natural gas exports from the east Mediterranean.

“They (the UAE) said they would examine the issue,” the Israeli statement said.