Israel heads for pipelines instead of LNG hub
Investment plans scrapped and domestic opposition to a land based hub means Israel will focus on a regional pipeline network
The prospects for a new liquefied natural gas (LNG) hub in the eastern Mediterranean are now dim. Instead, Israel looks likely to emerge at the centre of a regional pipeline network, using its abundant offshore gas reserves to build strategic and economic ties with its neighbours that were unthinkable just three years ago. Woodside Petroleum's decision in May to scrap plans to buy a stake in the Noble Energy-led consortium developing the 540 billion cubic metres (cm) Leviathan field has killed -- for now -- the idea of an Israeli LNG export business. Opposition within the country to a land-based plant meant a floating facility was the only viable option. Woodside's LNG capital and expertise,
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
