Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Turkey’s gas bridge under threat
The country plays a vital role in connecting Asia to Europe, but the expiration of Russian contracts and the ramifications of the war in Iran are placing it under pressure
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
East Med needs less talk, more action – Energean CEO
Some operators are not committed to developing their gas resources, whether because they are too small or of lower priority, or because of geopolitical concerns, says Mathios Rigas
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
Turkey navigates game-changing LNG dynamics
The country is aiming for hub status as it boosts regas and storage capacity, but while the opportunity is great, there is much work still to do
Iraq’s tangled Ceyhan oil web
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
Letter from the Middle East: Iran-Israel war risks dire straits
A blockade of the Strait of Hormuz would have reverberations that would sound around the world
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
The oil risk premium fable
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Israel Cyprus Turkey
Gina Cohen
11 September 2018
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Israel faces upstream reform challenge

A government committee has failed to tackle the root causes of a slump in upstream expansion, argues energy analyst Gina Cohen

In 2013, the Israeli government decided to determine how much of the country's 33 trillion cubic feet of gas would have to remain for local consumption versus the volumes allowed for export. In addition, the decision specified that all export facilities would have to be located in Israeli waters and all fields, regardless of whether the gas was for local consumption or exports, would have to be connected first to the local market. An inter-ministerial committee (the Zemach committee), which had submitted its analysis to the government in a 130-page document, was confident that its recommendations, which were endorsed by the cabinet, would stimulate gas exploration. The 2013 report stipulated

Also in this section
OPEC+ caught between a crisis and a surplus
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
Letter from Iran: Nuclear miscalculation
Opinion
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
Algihaz: Bridging conventional energy and the renewable transition
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
Powering collaboration: Exploring the Synergy Pavilion at the 25th WPC Energy Congress
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search