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ISRAEL AT WAR - DAY 536

Karish gas field

Energean's floating production system (FPSO) at the Karish gas field in the Mediterranean Sea. (Energean)
January 23, 2025, 5:40 pm
Energean seals $2 billion natural gas sale deal to supply Israel’s Dalia power plants
Oil and gas explorer aims to double production in coming years amid growing electricity demand in Israel; gas flow from Katlan gas field to start in first half of 2027
By Sharon Wrobel
Illustrative: View of the Tel Aviv Stock Exchange. (Courtesy)
July 28, 2024, 6:53 pm
Tel Aviv shares dive as deadly Hezbollah rocket strike stokes fear of regional war
Major share indices drop as investors weigh threat of a wider escalation; gas stocks suffer losses after Hezbollah drone believed to be targeted at Karish gas site was shot down
By Sharon Wrobel
A sea-based Iron Dome air defense system is seen on a Navy ship, guarding the Energean floating production, storage and offloading vessel at the Karish gas field, in footage published by the military on July 2, 2022. (Israel Defense Forces)
July 27, 2024, 2:04 pm
Hezbollah drone apparently heading for offshore gas rig downed by Israeli Navy
IDF says drone intercepted by ship-mounted Iron Dome; unclear if unmanned aircraft was intended for surveillance or attack; separately, home damaged in rocket strike
By Emanuel Fabian
An Israeli Navy Sa’ar 6-class corvette guards the Energean floating production, storage and offloading vessel at the Tamar gas field, in an image published by the military on April 23, 2023. (Israel Defense Forces)
August 29, 2023, 8:22 pm
Natural gas royalties jump 23%, top NIS 1 billion in first half of year
Israel expects to collect a total of NIS 2 billion from gas and other natural resources royalties in 2023 as additional exports to Egypt okayed
By Sharon Wrobel
Israel Katz, national infrastructure, energy, and water minister (right) and Energean CEO Mathios Regas. (Courtesy)
June 1, 2023, 3:24 pm
Israel officially recognizes Energean’s Katlan reservoir as natural gas discovery
Ministry says classification of offshore field, which holds an estimated 68 billion cubic meters of gas, marks the first natural gas discovery recognized by Israel since 2015
By Sharon Wrobel
Hezbollah supporters attend a televised speech by the Lebanese terror group's leader Hassan Nasrallah in Beirut's southern suburbs, on February 16, 2023. (Anwar Amro/AFP)
February 16, 2023, 9:57 pm
Gleefully picking up on Herzog warning, Nasrallah says Israel tearing itself apart
Hezbollah leader claims Netanyahu’s ‘senseless’ government stoking domestic strife with legal proposals in addition to inflaming conflict with the Palestinians
By ToI Staff
Energean's floating production system (FPSO) at the Karish gas field in the Mediterranean Sea. (Energean)
February 16, 2023, 1:59 am
Israel exports crude oil for first time, with shipment heading for Europe
Country joins ‘club of international oil exporters’ with first cargo load of hydrocarbon liquids extracted from offshore Karish natural gas field
By ToI Staff
Prime Minister Yair Lapid tours the Karish natural gas field in the Mediterranean Sea, off Israel's northern coast, October 30, 2022. (Kobi Gideon/GPO)
October 30, 2022, 4:35 pm
As gas begins to flow, Lapid tours Karish, hailing implications for Israel’s economy
After signing maritime border deal with Lebanon days before election, prime minister says natural gas will help lower cost of living for Israelis
By Lazar Berman
Israeli far-right MK and Otzma Yehudit leader Itamar Ben Gvir visits Hatikva Market in Tel Aviv during his campaign ahead of the November election, October 21, 2022. (AP Photo/Oded Balilty)
October 30, 2022, 1:02 pm
Daily Briefing Oct. 30: MK Ben Gvir’s policies match those of neo-fascists in Europe
Diplomatic correspondent Lazar Berman on historic Lebanon maritime deal and updates from around the globe; settlements reporter Jeremy Sharon compares & contrasts far-right parties
By ToI Staff
Prime Minister Yair Lapid signs the US-brokered deal setting a maritime border between Israel and Lebanon, at the Prime Minister's office in Jerusalem October 27, 2022. (RONEN ZVULUN / AFP)
October 27, 2022, 11:44 am
Israel and Lebanon approve maritime deal; Lapid hails ‘recognition’ by enemy state
Cabinet unanimously votes in favor of agreement ahead of bilateral signing ceremony later in the day; prominent member of Hamas signals support
By ToI Staff
Energean floating production, storage and offloading vessel. Energean's floating rig arrived at the Karish field in June 2022. (Energean / Suez Canal Authority / AFP)
October 26, 2022, 6:10 pm
Gas extraction begins at Karish field, day before Israel-Lebanon deal signing
Offshore field is Israel’s third to come online, with Energean saying production ‘is being steadily ramped up,’ will reach peak in 4-6 months
By Tobias Siegal and Lazar Berman
Energean's floating production system (FPSO) at the Karish gas field in the Mediterranean Sea. (Energean)
October 25, 2022, 10:57 pm
Israel gives final approval for start of production at Karish gas field
PM Lapid lauds move to allow Energean to begin work as one that ‘strengthens Israel’s energy stability,’ as well as its economy
By Lazar Berman and ToI Staff
Christian nationalist Free Patriotic Movement head Gebran Bassil, who is allied with the Hezbollah terror group, gestures as he speaks during an interview with The Associated Press, in Beirut, Lebanon, October 17, 2022. (AP/Hussein Malla)
October 17, 2022, 11:51 pm
Hezbollah-linked Lebanese MP says Ukraine War sped up maritime border talks
US-sanctioned Gebran Bassil, who is also president’s son-in-law, emphasizes deal with Israel ‘not a normalization process’ but predicts will brings much-needed stability to region
By Agencies
US Envoy for Energy Affairs Amos Hochstein, waves to journalists at Beirut Rafik Hariri international airport after he briefed them about his meetings with the Lebanese officials, in Beirut, Lebanon, Friday, Sept. 9, 2022. (AP Photo/Hussein Malla)
October 14, 2022, 5:04 am
Downplaying concessions, US envoy tells Israelis deal with Lebanon keeps them safer
Amos Hochstein dismisses Netanyahu’s criticisms as campaign rhetoric, says fact that two enemy countries managed to reach agreement on maritime border ‘enormously significant’
By Jacob Magid
Energean's floating production system (FPSO) at the Karish gas field in the Mediterranean Sea. (Energean)
October 12, 2022, 5:05 pm
Caretaker government can pass Lebanon deal by invoking ‘essential public need’
Outgoing coalition lacks a Knesset majority but, as with past border delimitation agreements, doesn’t appear to need parliamentary approval to okay US-brokered deal
By Yuval Shany
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