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About Israel Oil and Gas Overview
Israel has seen significant discoveries of natural gas fields since 2009, most notably the Tamar and Leviathan fields. According to surveys, there are an estimated 122 trillion cubic feet of undiscovered natural gas and 1.7 billion barrels of oil in the Levant Basin. Recent exploration has led to additional offshore discoveries totaling over 30 trillion cubic feet of natural gas. Major players in Israel's oil and gas industry include Noble Energy, Delek Drilling, and Ratio Oil Exploration. The government regulates the industry through agencies like the Ministry of Energy and Water Resources and has established policies around taxation and export quotas. Current projects include developing the Tamar field and planning production from Leviathan, with over $40 billion in investments expected in the
Detailed Information
| Author: | ['Ebenezer Amoah-Kyei'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 6 |
| Language: | English |
| Format: | |
| Price: | FREE |
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