World's largest exporter of liquefied natural gas Qatar has signed a deal to ensure the supply of natural gas for the Gaza Strip's lone power plant, said Doha's Ambassador to Palestine Mohammed al-Emadi.
Al-Emadi signed the deal with the Gaza Electricity Generation Company and the Gaza Electricity Distribution Company. "The deal involves creating an escrow account to pay the expenses of delivering gas and generating energy through Gaza's lone power plant," said the envoy, who is also the head of the Qatari Committee for Gaza Reconstruction.
The committee will be the sole owner of the account and will organise and manage the payments, according to the agreement. The committee will fund the building of a gas pipeline from an Israeli supplier to the Gaza Strip's border. After years of haggling, Qatar, the United Nations, and the European Union achieved an agreement in February last year on a project to establish a supply system from Israel to the Gaza Strip's lone power plant.
The Gaza Strip, which has a population of over 2 million Palestinians, requires 500 megawatts of power every day. However, only 210 megawatts are now available, with 120 megawatts coming from Israel and the rest coming from Gaza's only power plant.