Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
Israel to gain geopolitical leverage with offshore gas
by Daniel J. Graeber
Tel Aviv, Israel (UPI) Jul 14, 2013


disclaimer: image is for illustration purposes only

Israel will be able to reap the benefits of energy independence through growing gas reserves at the offshore Leviathan gas field, a development executive said.

The partners developing the giant Leviathan offshore gas field said an audit by Dutch consulting company Sewell and Associates put the reserve estimate at 21.9 trillion cubic feet, up from the previous estimate of around 18.9 trillion cubic feet.

Gideon Tadmor, board chairman at Delek Drilling and chief executive officer at Avner Oil Exploration -- two of the project's developers -- said the revision "will ensure us energy independence for decades to come, and an expansion of export options, with all the accompanying economic and geopolitical benefits."

Leviathan should go onstream in 2016, with much of the offshore field's reserves already designated for exports to regional customers.

Noble Energy, another drilling partner, this year signed export contracts for gas from the Leviathan and nearby Tamar natural gas fields with Jordanian and Palestinian authorities.

Tamar, with an estimated 8.5 trillion cubic feet of gas reserves, entered into production in March 2013.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
U.S. on pace to break 40-year oil production record
Washington (UPI) Jul 9, 2013
Expectations about total U.S. crude oil production for next year are the highest they've been in more than 40 years, the U.S. Energy Department said. The U.S. Energy Information Administration, the statistical arm of the Energy Department, said in its short-term market report, published Tuesday, total U.S. crude oil production averaged 7.4 million barrels per day last year and should le ... read more


OIL AND GAS
Three Reforms to Protect Cap-and-Trade Policy

Blow for Australia government as carbon tax repeal fails

Upton wants policies in place to exploit energy leadership

Green planning needed to maintain city buildings

OIL AND GAS
Getting a charge out of water droplets

Flexlab Opens Test Beds to Drive Dramatic Increase in Building Efficiency

Britain wins carbon capture funding from EU

Insights from nature for more efficient water splitting

OIL AND GAS
Hunger for vegetable oil means trouble for Africa's great apes

Microbe sniffer could point the way to next-gen bio-refining

The JBEI GT Collection: A New Resource for Advanced Biofuels Research

A Win-Win-Win Solution for Biofuel, Climate, and Biodiversity

OIL AND GAS
Sophisticated radiation detector designed for broad public use

Japan city launches legal bid to halt reactor build

Westinghouse Extends New-plant Market with Specialized Seismic Option

Single Optical Fiber Combines 100s Of Sensors To Monitor Harsh Environments

OIL AND GAS
Corals respond to climate change - fatter and more flexible

IPCC must consider alternate policy views

Putting a price tag on the 2 degree climate target

Kudzu can release soil carbon, accelerate global warming

OIL AND GAS
Musk donates $1 million for new Tesla museum

Rideshare vs. taxi: the war flares up in the Big Apple

China to scrap purchase tax on electric vehicles

Colorado State University to receive four really smart cars this summer

OIL AND GAS
Iraq PM accuses Kurds of harbouring militants

Iraq MPs bow to pressure over government delays

Iran backs Maliki as Iraq PM but open to change

Lebanon charges Saudi, French citizens for jihadist ties

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.