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natural gas in Israel

Illustrative: View of the Leviathan gas field gas processing rig on November 30, 2024. (Dor Pazuelo/Flash90)
July 6, 2026, 3:40 pm
Israel launches tender to search for more natural gas in Mediterranean
Energy minister says industry has proved to be economically viable; petroleum commissioner believes as much as 400 billion cubic meters yet to be discovered in Israel’s waters
By Steven Scheer
The Leviathan natural gas platform off the shore of Israel. (Albatross)
December 26, 2025, 5:14 am
As major Egypt gas deal burns through reserves, public will end up paying the price
‘Historic’ $35 billion sale means era of energy independence and cheaper electricity will end about a decade earlier than hoped, experts say, with more large offshore finds unlikely
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
December 18, 2025, 12:45 am
‘A historic moment’: Netanyahu announces $34.7 billion natural gas deal with Egypt
Deal, which US reportedly pressed Israel to back, briefly stalled earlier this year after energy minister cited a lack of assurances that Israeli market would receive ‘fair prices’
By Lazar Berman and ToI Staff
Energy Minister Eli Cohen meets his American counterpart Chris Wright in Washington on April 3, 2025. (Shmulik Almani)
October 31, 2025, 9:43 am
US energy secretary nixes visit after Israel puts Egypt gas deal on hold
Bucking US pressure, Energy Minister Cohen is refusing to ink landmark $35 billion deal to export natural gas to Egypt until ‘fair prices are agreed upon for the Israeli market’
By Lazar Berman
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
May 8, 2025, 9:14 pm
Risk of natural gas shortage will push up electricity prices, budget chief warns
Israel’s natural gas reserves for domestic use set to fall short of energy demand in next 25 years, Treasury says, urging reduced exports, greater quantities saved for home market
By Sharon Wrobel
A view of the Leviathan natural gas processing rig from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90)
March 10, 2025, 6:44 pm
Israel and Azerbaijan’s state oil firm set to seal plan for offshore gas exploration
Azerbaijan’s SOCAR along with Israel’s NewMed Energy and British oil and gas company BP win natural gas exploration licenses for blocks in proximity to the Leviathan reservoir
By Sharon Wrobel
Tamar natural gas field off the coast of Israel. (Courtesy)
February 2, 2025, 6:22 pm
Azerbaijan’s state oil company to buy 10% stake in Israel’s Tamar gas field
Union Energy, controlled by Israeli businessman Aaron Frenkel, signs an agreement for a share of Israel’s second-largest offshore natural gas field
By Sharon Wrobel
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
The Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)
May 23, 2024, 7:58 pm
Leviathan partners ink $650 million natural gas deal to supply Eshkol power plant
The new contract is for the supply of natural gas to operate the Ashdod-based power plant owned by private Israeli electricity producer Dalia Power Energies
By Sharon Wrobel
Tamar natural gas field off the coast of Israel. (Courtesy)
February 18, 2024, 6:13 pm
Chevron partners greenlight $24m investment to boost gas production at offshore site
Energy firms approve second phase of project to expand natural gas production from Tamar field, after securing a new sales agreement for exports to Egypt
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
October 29, 2023, 11:54 pm
Amid ongoing war, BP and Eni among firms awarded gas exploration licenses in Israel
Energy Ministry says a total of 12 licenses have been given to six companies, four of which are new players in the exploration of natural gas off the country’s Mediterranean coast
By Sharon Wrobel
Illustrative: The Tamar gas field. (NewMed Energy/Delek Drilling)
October 9, 2023, 6:54 pm
Amid heavy rocket fire, Israel shuts down Tamar offshore natural gas field
US energy giant Chevron, operator of Tamar reservoir located off Ashkelon coast, says Energy Ministry ordered production at the rig suspended
By Sharon Wrobel
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
Illustrative: The Tamar gas field. (NewMed Energy/Delek Drilling)
August 23, 2023, 10:44 pm
Israel approves expansion of natural gas exports to Egypt from Tamar field
Energy Minister Israel Katz says additional natural gas exports will boost state revenue and improve ties with Egypt, while domestic energy needs will not be affected
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
July 2, 2023, 6:58 pm
Energy companies to build third pipeline from Israel’s Leviathan gas field
NewMed Energy, Chevron Mediterranean Limited and Ratio Energies teaming up on plan to boost production capacity from about 12 billion to 14 billion cubic meters per year
By AFP
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