Win secured for Israeli gas

24 May 2016   Israel

Partners aiming to exploit the rich natural gas reserves offshore Israel said they would take the steps needed for rapid development after a government nod. The Israeli Cabinet during the weekend approved revisions to a plan for the development of the Leviathan natural gas field in the Mediterranean Sea. The government of Israeli Prime Minister Benjamin Netanyahu called it a historic step for the nation’s economy. The Israeli government gave its consent to revised operational plans after a previous arrangement was struck down early this year by the Israeli Supreme Court . Noble Energy and its partners working to tap gas reserves offshore were notified in March by the court […]

Comments are closed.