Today: October 22, 2016, 1:47 am

Israel gas supply increased by Tamar field going online in March 2013
Israel Oil and Gas Report Q1 2014 - a new market research report on 2014-03-17 05:53:02
Gas production from the Tamar field is expected to ramp up considerably since coming online in March 2013 and will make Israel self-sufficient in natural gas supplies for the first time ever. We expect stagnation in production growth through to 2015 as bottlenecks at the onshore receiving facility at Ashdod will limit production to 10.5bcm. This should be resolved by 2016 in sufficient time to take output from the Leviathan field where development will begin in mid-2014. Gas from Leviathan could flow from late 2018 with export opportunities increasingly likely from this point. We see comparatively strong liquids upside with growing condensate volumes from Tamar and eventually Leviathan. Furthermore, near shore licences are showing greater likelihood of condensate and oil providing upside for the oil reserves outlook.

In October 2013 the Israeli Supreme Court upheld the government´s decision to retain 60% of proven reserves for domestic use. Other groups were petitioning for a complete ban on exports. This decision also recommends the Tamar field to be used purely for domestic needs, while will allow up to 75% of Leviathan´s reserves to be exported.

Click for report details: ..

Browse all Energy and Utilities Market Research Reports ..

Browse all Energy and Utilities Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 387 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.