Israel's Offshore Natural Gas Discoveries Enhance Its Economic and Energy Outlook (open access)

Israel's Offshore Natural Gas Discoveries Enhance Its Economic and Energy Outlook

Israel has been dependent on energy imports since it became a nation in 1948, but the recent offshore natural gas discoveries could change that and possibly make Israel an exporter of natural gas. Development of the recently discovered natural gas fields-Tamar, Dalit, and Leviathan- likely will decrease Israel's needs for imported natural gas, imported coal, and possibly imported oil. A switch to natural gas would most likely affect electric generation, but could also improve Israel's trade balance and lessen carbon dioxide emissions.
Date: May 4, 2011
Creator: Ratner, Michael
System: The UNT Digital Library