Live Update 
From the Liveblog of
Tuesday, November 15, 2016
From the Liveblog of
Tuesday, November 15, 2016
Israel invites bids for new round of gas exploration
Add ToI as a Preferred Source on GoogleIsrael formally invited bids for 24 new oil-and-gas exploration licenses off its Mediterranean coast today, the first in four years.
“We are offering for exploration half of our economic waters in 24 blocks,” Energy Minister Yuval Steinitz says, announcing the offer which closes on April 21.
“Estimates are that most of the natural gas in Israel’s economic waters is yet to be found,” he says at a press conference, adding that the United States Department of Energy shared that view.
— AFP
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