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  • OIL - ENERGY MARKETS

OIL - ENERGY MARKETS

ISRAEL MOVES AHEAD WITH EASTERN MED OIL PICK

10/16/2020

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Ephraim Sneh writes: The practical sides of this alliance are Israel’s import of half of its demand of crude oil through the Baku-Tbilisi-Ceyhan pipeline, and the export of $5 billion in sophisticated Israeli military equipment, according to President Ilham Aliyev’s public statement. But the alliance is not about oil and arms. Azerbaijan, with its vast majority Shi’ite Muslim population, aspires to be a secular, modern, enlightened independent state. Neither of its neighbors agree that Azerbaijan should have all these attributes together. Israel is the country that fully supports all the aspirations of the Azerbaijan people and government. – Jerusalem Post
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