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Israel's Offshore Natural Gas Discoveries Enhance Its Economic and Energy Outlook

Description: 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.
Date: May 4, 2011
Creator: Ratner, Michael
Partner: UNT Libraries Government Documents Department