Qatar's envoy to Gaza, Mohammad al-Emadi, says an agreement has been signed to deliver natural gas from Israel to the Gaza Strip's power station.

The breakthrough follows a series of successful meetings between the Quartet, the UN Coordinator for the Middle East Peace Process Tor Wennesland, the EU, and the consulates of France and the Netherlands.

Gaza has suffered from a chronic electricity shortage for more than a decade. The coastal enclave has only one power plant — which runs on imported diesel fuel — and experiences daily blackouts of between eight and 12 hours.

The transfer to natural gas would reduce costs.

The natural gas will come from the Leviathan field off the coast of Israel operated by the Delek company. 

KAN's Mark Weiss spoke with Chen Herzog,the Chief Economist of BDO Consulting Israel.