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Cash pledge to help build new gas pipeline into Gaza Strip

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Qatar has pledged $60 million (€49 million) and the European Union $24 million (€20 million) to establish a gas pipeline from Israel to a power plant in the Gaza Strip. A statement from the Palestinian Prime Ministry said discussions were ongoing about the plans.
The pledges were made during an online meeting between Palestinian Prime Minister Muhammad Shtayyeh, Qatari envoy to Gaza Mohammad al-Emadi and EU representative Sven Burgsdorff.
Shtayyeh stressed the importance of the project "to provide higher and uninterrupted electrical current in a move that would solve the electricity problem in Gaza”.
The statement said they also discussed plans to develop the Gaza power generating plant to convert it to work on gas.
The Gaza Strip suffers a severe shortage in electricity supply. The plant produces 60 megawatts instead of 140 megawatts and depends on costly diesel fuel.
Gaza also imports 120 megawatts from Israel, however, the actual need for Gaza exceeds 500 megawatts.