Gas Discovery Changes Israel’s Energy Picture

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A huge natural gas discovery 50 miles off the Israeli coast at Haifa could potentially meet Israel’s energy needs for 20 years once it eventually comes online. In January 2009, a consortium led by U.S. energy exploration company Noble Energy announced the discovery of three massive gas fields, with one of the group’s partners calling the find “one of the biggest in the world” that represented a “historic landmark in the economic dependence of Israel.” By February, the group announced that further flow testing analysis at the Tamar 1 field had increased the initial huge projection of 3.1 trillion cubic […]

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