Israel

Cypriot authorities remain upbeat on the country’s chances of finding offshore gas riches in the coming months despite Total’s failure to find commercially viable quantities. Next door, the deadline for Lebanon’s recent bid round has been delayed.

The operators of Israel’s two refineries say scheduled maintenance was the key reason their output fell by a combined 50,000 b/d (17%) year-on-year in the first half of 2017. But a strike in June didn’t help. A diesel unit fire last month added to the woe.

Leviathan 1.2bn cfd Phase-1 development is gathering pace; Tamar is producing 1bn cfd; Greek firm Energean aims for 2020 start-up at its 400mn cfd Karish field. Lots of gas. But it’s difficult to see where the customers will come from.

Israeli firm Delek has begun the process of selling off its 31.25% stake in the country’s 10 tcf Tamar offshore gas field, as required by 2016’s Gas Outline.

Greek firm Energean on 20 June submitted its field development plan for Israel’s 1.8 tcf Karish offshore gas field. The...

Noble says it has ‘line of sight’ on how it will achieve the 1bn cfd start-up sales target on which its recently-sanctioned Leviathan field depends. This looks optimistic, especially with an upstart rival developer threatening to undercut it on price.

Israel’s Delek Group, the country’s leading gas producer, is looking to expand beyond the East Mediterranean and in May finalized...

Development of Israel’s 22 tcf Leviathan field was sanctioned in February, despite the lack of any sizeable export deals and...

Even with the government’s decision in 2015 to begin phasing out coal burning in its electricity sector by 15% in...