East Mediterranean
Israel
Israel is ready to cast off its label as regional pariah following the historic Abraham Accords. Normalization of diplomatic relations with the UAE provides the platform to expand regional energy cooperation.
State of Play
Record gas output and exports have propelled Israel as a key player in the East Mediterranean basin. Expansion plans for the Chevron-operated Tamar and Leviathan fields are set to boost output and exports further by the end of 2025 . Key IOC and NOC entrants should further enhance the country's status as a pivotal regional hub.
2024 In Numbers
| Gas Output | 26.95 | bcm |
| Gas Exports | 13.1 | bcm |
| Crude Imports | 200 | 000 b/d |
| Refining Capacity | 297 | 000 b/d |
| Renewables Capacity | 6.7 | GW |
28 Mar, 2025
Featured
Israel Gas: 2024 Records As Infrastructure Caps Gains
Israel hit gas records for 2024 as shipments to Egypt soared, but maxed out export infrastructure means only minimal gains for 2025.
Israel Gas Output Hit A Record Of 2.6bn cfd For 2024 As Number Three Project Karish Ramped Up (mn cfd)
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