Leviathan partners weigh FLNG option
LNG exports pose attractive proposition for Israel, restricted by limited pipeline export outlets
The logic for Israel to explore the possibility of LNG exports lies both in data and its geopolitical circumstances. Israel has proven reserves of 1tn m3 of natural gas. In addition, several drilling operations are to take place over the next few years following the granting of licences to a consortium operated by UK independent Cairn Energy—partnered with London-listed Soco and Israel's Ratio—and a consortium operated by Greece's Energean. The energy ministry estimates that yet-to-find discoveries could more than double Israel's current reserves. The Tamar field supplies 97pc of Israel's 11bn m³/yr consumption, with the rest from LNG imports. Production will begin at the Leviathan field at
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
