Israel mulls future gas strategy
Supply and demand scenarios underpin recommendations on the fate of as-yet-undiscovered gasfields
Israel's future gas supply and export strategy could shift as a result of an inter-ministerial team's estimates on demand and supply up to 2042. A committee led by Udi Adiri, director general of the Ministry of Energy, has published findings of a months-long study on the Israeli gas market. It is drawn from data generated in the past five years since the Tamar field (with estimated reserves of 10 trillion cf) came on line. Previous recommendations, such as the Zemach committee's report in 2013, were drawn from estimates using only previously discovered fields. Two facts stand out from the Adiri committee's findings: the first is that Israel has consumed less gas than was forecast: 43 bn cm c

Also in this section
2 May 2025
Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
2 May 2025
Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
2 May 2025
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
1 May 2025
The NOC’s dire financial situation and maturing fields have left the authorities with little choice but to reduce crude expectations