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I have a suspicion that this might have something to do with the large Leviathan Gas field find off the coast of Israel along with some recent finds. https://w
by hourislate 6y ago
I have a suspicion that this might have something to do with the large Leviathan Gas field find off the coast of Israel along with some recent finds.
https://www.haaretz.com/largest-natural-gas-reserve-discovered-in-israel-worth-approximately-1.5100884 https://www.haaretz.com/largest-natural-gas-reserve-discover...
The reserve, Leviathon, is the largest amount of natural gas discovered in the world in the last decade and is located in approximately 5,400 feet (1,645 meters) of water, about 130 kilometers offshore of Haifa and 29 miles (47 kilometers) southwest of the Tamar discovery.
It would certainly make sense for Israel to get into the generation business and sell power to others. The country is too small to otherwise make use of 16 trillion cubic feet of NatGas for personal consumption. I was also under the assumption they were building a gas pipeline to Europe.
- cblconfederate 6y agothere is another project, the eastMed pipeline for the transfer of natgas to europe
- golemiprague 6y agoIsrael sells the gas, although Israel is small it provides energy also to the west bank and Gaza so about 13 million people altogether. A lot of energy goes into desalination and now with electric cars growing in sales it will increase the local demand even more. So I don't think Israel will have any spare production, the cable is more for backup purposes for extreme cases