East Mediterranean
Israel
Israel is ready to cast off its label as regional pariah following the historic Abraham Accords. Normalization of diplomatic relations with the UAE provides the platform to expand regional energy cooperation.
State of Play
Record gas output and exports have propelled Israel as a key player in the East Mediterranean basin. Expansion plans for the Chevron-operated Tamar and Leviathan fields are set to boost output and exports further by the end of 2025 . Key IOC and NOC entrants should further enhance the country's status as a pivotal regional hub.
2024 In Numbers
| Gas Output | 26.95 | bcm |
| Gas Exports | 13.1 | bcm |
| Crude Imports | 200 | 000 b/d |
| Refining Capacity | 297 | 000 b/d |
| Renewables Capacity | 6.7 | GW |
3 Apr, 2026
Featured
Production Resumes At Israel’s Leviathan Gas Field
Israel’s Leviathan gas field is up and running again. A sign that the Middle East conflict is ending, or a risky gamble that Israel’s defenses can prevent disaster?
Israel Gas Infrastructure & Export Routes
NEWS IN BRIEF
Gaza Ceasfire Under Strain
29 May, 2026
Ratio Finds New Partner For Israel Exploration Block
22 May, 2026
Israel To Examine Gas Storage Potential
8 May, 2026
Israel’s Karish Field Fully Operational
17 Apr, 2026
Israel: Energean Restarts Karish
10 Apr, 2026
Israel Extends Emergency Period
27 Mar, 2026
Leviathan Shut Amid Expansion Work
27 Feb, 2026
States Buy Into Gaza Board Of Peace
20 Feb, 2026
SELECTED DATA
Israel Gas Sales Prices ($/mn btu): Leviathan Earns More For Both Domestic And Exports Sales
Israel’s Refinied Products Output Fell 8% To A Three-Year Low 261,700 b/d For 1h 2024 (‘000 b/d)
Bazan Refinery Output Falls To Eight-Year Low 154,300 B/D For Q2 With Maintenance Shutdown At Largest CDU (‘000 b/d)
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