Israel’s natural gas potential triple what was thought


(Worthy News) – The Energy Ministry has tripled its estimate of the volume of still-undiscovered natural gas in Israeli waters.

Energy Minister Yuval Steinitz, has been presenting to international energy companies the new assessment of a potential 2,100 billion cubic meters (BCMs) of natural gas, in contrast to the 680 BCMs that the Tzemach Committee relied on to examine the government’s policy regarding the natural gas market. The Tamar and Leviathan gas fields have already yielded 750-950 BCM of natural gas. [ Source ]

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