Free Submission Public Relations &
Deutsch English

Israel Oil and Gas Report Q1 2014

Israel gas supply increased by Tamar field going online in March 2013

Print article Print article
2014-03-17 05:53:02 - Israel Oil and Gas Report Q1 2014 - a new market research report on

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.

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

Disclaimer: If you have any questions regarding information in these press releases 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 contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact