Mar 18 '16 / EIPA Updates

The European Union has expressed interest in buying natural gas from Israel. Israeli National Infrastructure, Energy and Water Minister Yuval Steinitz met with EU Ambassador to Israel Lars Faaborg-Andersen on Wednesday to discuss possible export of newly found natural gas to Europe. According to a statement issued by the ministry, Steinitz updated the EU ambassador ‘’on the timeline regarding the development of gas reservoirs and the possibility …

Dec 15 '14 / EIPA Updates

A new natural gas field off Israel’s Mediterranean coast may hold about 3.2 trillion cubic feet of gas, about one third the size of the giant Tamar field, its two Israeli partners said Sunday after conducting a 3D seismic survey of the area. A new natural gas field containing about 3.2 trillion cubic feet (tcf) of gas has been discovered about 150 kilometres (93 miles) …

Sep 4 '14 / EIPA Updates

Israel has signed an agreement with Jordan which foresees the supply of $15 billion (11,4 billion euros) worth of natural gas from its Leviathan energy field over 15 years. Israeli Energy and Watere Minister Silvan Shalom, who still needs to approve the memorandum of understanding, hailed the agreement, and referred to it as “a historic act that will strengthen the economic and diplomatic …