The Israeli government’s delay in implementing the Zemach Committee’s recommendations on gas exports has increased friction amongst the Leviathan partners over the optimal export option for their gas.
The committee suggested in its final report to the Israeli cabinet published on 29 August that Israel could export by 2037 up to 500 bcm of its existing and prospective gas resources. It also proposed a quota system that would allow for the export of up to 75% of the annual production from major fields with an estimated capacity above 200 bcm, and there is some flexibility to allow the trading of quotas amongst companies (MEES, 7 September). (CONTINUED - 727 WORDS)
