Developing the abundant natural gas resources discovered offshore Israel is a complicated endeavor that involves considerable geopolitical diplomacy in addition to the traditional commercial details that must be worked out when building multi-billion dollar energy projects. “Natural gas is both a geopolitical tool and a target in Israel, where a newfound bonanza of resources has… Keep reading →
As the Iran deadline approaches, violence flares up in Jerusalem, and respective election cycles ebb and flow, U.S. and Israeli officials will need to work harder than ever to manage bilateral tensions. In the coming weeks, a number of foreign and domestic developments will affect U.S. and Israeli policy, with each potentially testing the already… Keep reading →
The companies developing the Leviathan field off the coast of Israel have reportedly signed an initial agreement with a Jordanian power company for a multi-billion dollar, long-term natural gas supply deal. “Under the terms of the latest agreement, the gas is to be sold at oil-linked prices and will be delivered to a border location… Keep reading →
WASHINGTON: ISIL has battled its way to the Golan Heights, putting its mad troops opposite battle-hardened Israel. NATO says satellite imagery prove Russian troops and materiel are flowing into Ukraine. The president of Ukraine cancels a trip to Turkey and announces mandatory conscription. “Columns of heavy artillery, huge loads of arms and regular Russian servicemen came… Keep reading →
Although scoring a direct hit would be difficult, Hamas fire against Israel’s offshore rigs could prove very significant given the crucial role gas plays in generating the country’s electricity. Earlier today, Hamas claimed to have fired two rockets at an Israeli natural gas installation located about nineteen miles off the coast of Gaza. The Israeli… Keep reading →
Woodside’s decision shows how Israel will need to cement its foreign partnerships, investments, and export routes in order to take full advantage of its growing gas surplus. On May 20, Woodside Petroleum, Australia’s second biggest oil and natural gas producer, announced that it was ending its longstanding bid to acquire a stake in Israel’s Leviathan… Keep reading →
It appears Gazprom and CNPC reached an agreement on a widely-speculated deal that was expected to be consummated upon Putin’s China visit this week. Reuters is reporting a sales and purchase agreement was struck, but the New York Times reports it could just be a memorandum of understanding, which is not binding and indicates ongoing… Keep reading →
Piping Israeli gas to liquefaction plants in Egypt is the most commercially logical option but remains politically risky. The announcement of a letter of intent between the partners in Israel’s giant Tamar natural gas field and the Spanish owners of a liquefied natural gas plant on Egypt’s Nile Delta coast is a major breakthrough, one… Keep reading →
In a story rife with geopolitical implications, reports indicate the consortium developing Israel’s Leviathan gas field – which includes US-based Noble Energy – could be close to signing supply deals with Turkey and Egypt instead of sending to gas to Greece and/or Cyprus as previously planned. In an ironic reversal of fortune, Israeli gas could… Keep reading →
A deal to buy Israeli natural gas can help mitigate the kingdom’s energy shortage and steer Amman away from problematic nuclear plans, but it risks stirring domestic opposition. In February, two private Jordanian firms signed a contract with a private U.S.-Israeli consortium to import natural gas from Israel’s giant Tamar field, located under the bed… Keep reading →
