The ongoing conflict in Gaza has left Israel’s gas exports to neighboring Egypt and Jordan largely unscathed. Output from the 13tcf Tamar field was shut-in for a month amid security concerns, with flows via the direct EMG offshore pipeline linking Israel and Egypt also temporarily grinding to a halt (MEES, 12 April).
Where its impact has been most felt is in the setback to plans to expand Israel’s export capacity (MEES, 22 March), as well as attract new investors to the country’s key upstream assets where the crown jewel is the 23tcf Leviathan field. (CONTINUED - 1748 WORDS)
