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מאת עוזי לוין
Economy11:38 · Jun 21

Haifa Fuel Port Project Could Make Israel an Energy Transit Hub

Now 14Right
Translated & summarized from Now 14 by baba
The story · English

Recent fighting with Iran and fears of disruption in the Strait of Hormuz have highlighted how vulnerable global energy supply chains are, especially when a single maritime chokepoint carries much of the world’s energy trade. Against that backdrop, the planned new fuel products port in Haifa Bay and a proposed overland fuel corridor from Gulf states to Europe through Israel are presented as more than infrastructure projects, they are a strategic alternative route for energy flows.

The corridor is envisioned as a roughly 1,500-kilometer land route that would move refined fuels from the Persian Gulf to Israel and then on to Europe. The article says European markets have faced a persistent shortage of refined products in recent years, especially diesel and jet fuel, making a reliable overland supply line potentially valuable.

At the center of the plan would be Haifa Bay, which is expected to become a regional hub for refined products with an advanced port, storage facilities, blending systems to meet European standards, and international trading and distribution platforms. The new port would be able to receive large international tankers, unload diesel, gasoline, jet fuel and fuel oil, and feed those products into Israel’s national pipeline system and storage farms.

According to the article, this would strengthen fuel deliveries to airports, power stations, transport, industry and other domestic consumers, creating a more secure and controlled supply chain for both routine operations and emergencies. The infrastructure would operate under an open-access model, allowing multiple suppliers and customers equal access, encouraging competition and reducing barriers.

The piece says the project would give Israel a dual benefit, improved national energy security and a larger geopolitical role as a link between Gulf producers and Europe. It also ties the effort to broader regional connectivity ideas such as IMEC. Uzi Levin, CEO of Energy Infrastructures Ltd., says the challenge is not only to operate existing systems, but to build a new regional network connecting energy security, competition, innovation and international cooperation.

Read the original at Now 14
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