Israel’s Future As A Gas Exporter To Become Clearer Next Week
By Tim Treadgold
It’s taken almost a year for a decision on how best to develop the Leviathan gas deposit off the coast of Israel but by this time next week an overdue legal finding should determine the future of one of the world’s most strategically located, and politically sensitive gas-fields.
The High Court of Israel has been considering a question of who has the right to decide how much gas can be exported; the government, or the Israeli Parliament, the Knesset.
But, even if the government wins and 40% of the country’s gas is made available for export and 60% reserved for domestic consumption other questions have to be answered, such as the method of export, whether by pipeline or by conversion to liquefied natural gas (LNG).
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