Israel’s gas performance chafes against narrow export horizons
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
Israeli officials have had a difficult time with the economic downturn resulting from its revived conflict in Gaza, but recent events have given cause for renewed optimism on the country’s energy outlook. Figures released by Israel’s Ministry of Energy and Mining show that gas exports to Egypt and Jordan increased by 13.4% to 13.11 billion cubic metres (bcm), while production from its offshore Leviathan, Karish and Tamar fields grew 8.3% to 25.28bcm over the same period. Early 2025 has also seen fresh movement on plans to develop more of its offshore resources. In February, Israel’s NewMed Energy filed plans to drill three additional production wells at the Leviathan field, as well as laying
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
