Israel to start pumping gas from Leviathan, making country an energy powerhouse

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Israel to start pumping gas from Leviathan, making country an energy powerhouse

Global Oil

Natural gas is set to start flowing from the massive Leviathan field off Israel’s shore any day now, an economic milestone for the country that will pave its way to “energy independence” and, via exports, to stronger ties with its neighbors.

Commercial production of natural gas from the field is set to begin before year’s end for the local market, with exports starting shortly thereafter. On Monday, Energy Minister Yuval Steinitz signed permits for the export of gas to Egypt, the ministry said in a statement. “This is a historic milestone for the State of Israel,” Steinitz said.
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