A NEW ERA IN ISRAEL’S ENERGY SECTOR AS GAS EXPORTS START TO FLOW

After 34 months of intensive work and investment of more than Israeli Shekels ILS12 billion (USD3.4 billion), the partners in the Mediterranean Sea Leviathan gas field project – the USA’s Noble Energy Inc, along with Israeli partners Delek Drilling, and Ratio – have announced the start of natural gas production from the reservoir, the largest energy project in Israel's history. As well as enabling Israel to export gas to Jordan and Egypt, it will enable the government to quickly start closing coal-fired power stations, following plans to ensure coal-fired ...


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