Showing posts with label Natural gas in Israel. Show all posts
Showing posts with label Natural gas in Israel. Show all posts

Thursday, April 4, 2013

ISRAEL BLESSED BY FUEL FINDINGS OF NATURAL GAS


Natural gas from the offshore Tamar field was pumped to Israeli shores for the first time Saturday, four years after its discovery, in preparation for its first use in the Israeli energy market — a move that could transform the Israeli economy.

The Tamar deposit, discovered in 2009 some 90 kilometers west of Haifa, holds an estimated 8.5 trillion cubic feet of natural gas.

On Saturday, hailed an “important day for the Israeli economy” by Prime Minister Benjamin Netanyahu, natural gas from the field was being pumped to a newly erected facility on the coast of Ashdod, connected to the gas field via pipelines laid out on the ocean floor, 150 kilometers long and 16 inches wide.

Commenting on the historic development, Netanyahu drew a link between the event and the holiday of Passover.