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Markets & Forecasts

Israel’s FLNG is a long-term prospect

The fate of Israel’s proposed LNG supplies will depend on the country boosting pipeline exports The fate of Israel’s proposed LNG supplies will depend on the country boosting pipeline exports.
By Abhishek Kumar 16 August 2019 Middle East & Africa / Supply & Demand 0 34496
The Atwood Advantage drillship in Israel's Leviathan field. (Noble Energy)

Directional impact on forecast:
Upbeat for Israel’s gas and LNG exports

Israel’s FLNG dream has inched a step closer to reality with the involvement of Golar LNG and Exmar in a feasibility study on the concept. However, any vessel is not expected to be in place before 2025. The country has high hopes for eventually producing LNG exports from its Leviathan non-associated gas acreage, with the project’s first phase set to come online by the end of this year.

The entire volume of Leviathan’s...