2nd Offshore Bid Round submission dead line extended until July 15th
Prime Minister Benjamin Netanyahu, Energy Minister Dr. Yuval Steinitz and Petroleum Commissioner at the Ministry of Energy Yossi Wurzburger, marked the arrival off the coast of Israel of the Leviathan rig jacket, in an official ceremony held at sea.
Secretary of Energy, Dan Brouillette, welcomed the growing energy cooperation
between Israel and Egypt, and announced the US continued support
The visit included bilateral meetings, including with Egyptian Energy Minister, Tarik El-Molla, and participation in the first Regional Natural Gas Forum.
The Energy Ministry granted an oil & gas exploration license in Israel’s economic waters to an Indian consortium including the companies IOL, IOCL, BPRL, ONGC.
Today, the Petroleum
Council has approved the granting of the new exploration licenses following the
licensing round that was concluded in mid-November
The 1st Israeli offshore licensing round closed. Companies from India and Greece Bidded on Gas and Oil Exploration Blocks Offshore Israel. The 2nd licensing round will be launched in 2018
The Plan for Promoting Marginal Fields Received Government Approval. The plan includes an investment of 100 million ILS in a shared, offshore gas pipeline, 10 million ILS in incentives for car fleets operating on natural gas, and additional measures aimed to support the development of new fields so as to encourage competition in the natural gas industry