This report discusses recent indications from the Obama administration that the United States may provide Israel with additional military aid during the implementation of the Joint Comprehensive Plan of Action (JCPOA) with Iran.
Israel has been dependent on energy imports since it became a nation in 1948, but the recent offshore natural gas discoveries could change that and possibly make Israel an exporter of natural gas. Development of the recently discovered natural gas fields-Tamar, Dalit, and Leviathan- likely will decrease Israel's needs for imported natural gas, imported coal, and possibly imported oil. A switch to natural gas would most likely affect electric generation, but could also improve Israel's trade balance and lessen carbon dioxide emissions.
This report discusses Israel's historical dependence on energy imports, and the recent offshore natural gas discoveries that could possibly make Israel a prominent exporter of natural gas. This report also discusses how development of the recently discovered natural gas fields could affect Israel's economy and energy security, and how Israel may or may not consult with the U.S. or other natural gas producting countries while weighing its options.
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