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

Description: 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.
Date: January 31, 2011
Creator: Ratner, Michael
Partner: UNT Libraries Government Documents Department

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