Israel to open up offshore for exploration
Israel’s energy ministry has been given the go ahead to open up its offshore territory to explorers once its new gas regulatory framework comes into effect Israel’s energy ministry has been given the go ahead to open up its offshore territory to explorers once its new gas regulatory framework comes into effect.
20 November 2015
0
18382

Israel plans to open up more of its offshore territory to explorers when its new gas regulatory framework comes into effect at the start of next year, according to Yuval Steinitz, the minister of national infrastructure, energy and water resources.
Steinitz told the Universal Oil and Gas conference in Tel Aviv on Tuesday by announcing that he had already instructed his ministry to open up the country’s exclusive economic zone for new exploration.
He said only 25% of the country’s waters had been explored for hydrocarbons, and...
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Log me inNot a subscriber?
Sign up for 7-day trial access to this and more premium content. It's free.
Sign up now