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 in 2020, following the late-2019 start up of the giant Leviathan field has solidified Israel's position as a regional gas player. Barring more global supply and demand shocks the country's gas output should rise further in 2021 ahead of the start-up of its third gas field Karish in 2022.
2020 In Numbers
| Gas Output | 15.5 | bcm |
| Gas Exports | 4.26 | bcm |
| Crude Imports | 254 | 000 b/d |
| Refining Capacity | 297 | 000 b/d |
10 Jun, 2022
Featured
Israel Looks To Drum Up Interest With Upstream U-Turn
Israel hopes European gas supply fears will spur interest in a planned upstream opening. But Hezbollah threats could complicate efforts to attract major players.
Israel’s 2022 Bid Round: Likely Acreage
NEWS IN BRIEF
Israel: Another Election
24 Jun, 2022
Israel’s Karish: Tight Timeline
27 May, 2022
Israel PM: Historic UAE Visit
17 Dec, 2021
Israel Scraps Bid Round
26 Nov, 2021
Egypt & Israel Leaders Meet
17 Sep, 2021
Lebanon Eyes ‘Egypt’ Gas
10 Sep, 2021
2022 Leviathan Drilling
16 Jul, 2021
SELECTED DATA
Israel Q1 Gas Output Rises 6% As Leviathan Ramps-Up To Record 1.043bn cfd (mn cfd)
Leviathan Field Stakes (%)
Tamar Output Slumped 21% For 2020 Following Leviathan Ramp-Up (mn cfd)
Get Our Headlines Weekly
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.