The Tzemach Committee’s final report proposes exports of up to 53% of Israel’s extractable reserves and eases restrictions on export infrastructure.
The Tzemach Committee published its final report on Israel’s gas strategy on 29 August, almost six months after its interim analysis. Delivered by Shaul Tzemach, Director-General of Israel’s Ministry of Energy and Water Resources, it recommends that Israel export up to 500bn cubic meters (bcm), or almost 53% of natural gas using a total extractable reserves base of 950 bcm. These exports will be permitted provided 450 bcm are held in reserve for the country’s domestic needs for the next 25 years. (CONTINUED - 1263 WORDS)