Jewish American Heritage Month

Posted By admin on October 24, 2021

UAE official: Nixing controversial oil deal wont damage Israel ties

The government of the United Arab Emirates is not involved in a controversial oil deal to channel Gulf crude from Eilat on the Red Sea to Ashkelon on the Mediterranean, and cancellation of the deal will not in any way impact UAE-Israel relations, a senior official at the UAE Embassy in Israel tells the Times of Israel.

This contradicts a claim made to the High Court that nixing the deal bitterly opposed by environmentalists would damage the recently formed ties with the Gulf nation.

In a bombshell background briefing, the official confirms, We have clarified to the Israeli government that this is not a government project. Theres very close communication at the highest level. Israel is aware that this is not an UAE government project but rather a private commercial deal.

The official also stresses that while the signing ceremony of the original commercial memorandum of understanding between the governments on the matter took place in August during broader events celebrating the Abraham Accords, the deal itself had nothing to do with the accords themselves.

The deal is between the EAPC, a secretive company set up between Israel and Iran before the 1979 Islamic Revolution; MED-RED Land Bridge, jointly owned by Petromal, part of the private, Abu Dhabi-based conglomerate National Holding; and the Israeli companies AF Entrepreneurship, owned by Yona Fogel and Malachi Alper, and Lubber Line, owned by Yariv Elbaz.

The plan is opposed by the Israel Nature and Parks Authority, a forum of some 20 environmental organizations and scores of scientists and Eilat residents, given EAPCs poor environmental record and numerous past leaks it was responsible, six years ago, for the largest environmental disaster in Israels history and the importance of Eilats coral reefs not only to the citys tourism and employment sectors, but also globally.

In July, the EAPC told the High Court in response to a petition filed by green groups against the agreement that the threat of environmental damage is negligible and that cancellation of the deal could lead to significant damage to the foreign relations of the State of Israel.

Read more:

Israel said trying to mend France ties strained over reported NSO phone hack - The Times of Israel

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