Israel's Gas Supply to Save Europe

Israel's offshore gas riches are positioning them as a key player in the regional energy market.

Israel has more natural gas than it can consume. The crisis in Europe could be exactly the catalyst that Israel needs to cement a deal that gets Israeli gas to Europe

 

“Lebanon-Israel Maritime Gas Deal”

 Gas production has started at Karish, an offshore field at the centre of a maritime border deal between Israel and Lebanon, London-listed Energean said Wednesday. Agreement paving way to potentially rich gas exploration.

Lebanon Border Deal, Who Gains and Who Loses?

 

Is the deal shaping up to be a good or bad deal for Israel?

Israel to Help Solve Europe’s Energy Shortage

Looking to end dependence on Russia, E.U eyes natural gas & LNG sources in Israel. EU working on a deal to import Israeli gas through Egypt. Fuel would be turned into liquefied natural gas (LNG) at Egypt’s processing plants before being shipped to the EU. For the deal to go through, it would require the backing of EU member states. EU imported 40% of its gas from Russia last year and is actively hunting for alternative sources