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Israel’s largest natural gas field starts operating: Ministry

Indo-Asian News Service
Updated: January 1st, 2020, 08:22 IST
in International
0
FILE - This Jan. 31, 2019 file photo, shows an oil platform in the Leviathan natural gas field, in the Mediterranean Sea off the Israeli coaast. Israel became a major energy exporter for the first time on Monday, Dec. 16, 2019, after signing a permit to export natural gas to neighboring Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online. (Marc Israel Sellem/Pool via AP, File)

FILE - This Jan. 31, 2019 file photo, shows an oil platform in the Leviathan natural gas field, in the Mediterranean Sea off the Israeli coaast. Israel became a major energy exporter for the first time on Monday, Dec. 16, 2019, after signing a permit to export natural gas to neighboring Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online. (Marc Israel Sellem/Pool via AP, File)

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Jerusalem: Israel has begun flowing natural gas from its largest gas field Leviathan to the country’s transmission system, the Ministry of Energy announced Tuesday. The gas field was discovered in 2010 in the Mediterranean Sea and contains about 500 billion cubic meters of natural gas, the Xinhua news agency reported.

Leviathan has four production wells, from which the gas flows to a pipeline measuring hundreds of km long. The gas field gives Israel’s energy economy a much-needed redundancy in the sources of natural gas, enabling the export of natural gas to the neighbouring countries Egypt and Jordan and even Europe, according to the ministry.

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“This is a festive day for Israel, an extremely important macro-economic and geopolitical event,” said Israeli Minister of Energy Yuval Steinitz.

“Thanks to the development of Leviathan, Israel’s citizens will earn tens of billions of dollars in the next 25 years,” he added.

Notably, the start of the gas flow was accompanied by objections from environmental organisations and residents living near the shore, but the Israeli court rejected their petitions and allowed gas flowing.

 

Tags: gas fieldIsraellargest gas fieldNatural gas
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