Pennsylvania

Energy. Environment. Economy.

“Israel Finds $240 Billion Gas Hoard Stranded by Politics”

Apparently, Israel has enough natural gas reserves to become an exporter. But political and environmental opposition may hamper those efforts.


Israel, reliant on imported energy since the state’s foundation in 1948, now has more natural gas than it can handle. Noble Energy Inc. (NBL), Delek Group Ltd. (DLEKG) and other explorers have discovered enough gas under the Mediterranean Sea to supply Israel’s needs for 150 years.

Read more at: www.bloomberg.com

About StateImpact

StateImpact seeks to inform and engage local communities with broadcast and online news focused on how state government decisions affect your lives.
Learn More »

Education