ISRAEL PUSHES TO EXPAND GAS PRODUCTION IN MAJOR NEW FIELD

Natural gas has taken a central role in the Israeli energy market in a very short period of time, as the country expands production. Today almost 50% of energy production and 80% of the consumer market uses natural gas and heavy industry has shifted completely to gas, constituting 80% of the consumption. Gas production from Israel’s key Tamar field hit 7.5 billion cubic metres (BCM) in 2014, up from 5.6BCM in 2013.Speaking to the Petroleum Review, Dr Amit Mor, co-owner of Eco Energy, a logistic energy and financial consulting firm based in Herzliya, said “One ...


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