Over the past 15 years, the discovery of numerous gas fields of various sizes has turned Israel to an exporter of natural gas, part of the Levant Basin, which has become a world-class petroleum province. The Ministry of Energy is helping to regulate and develop Israel's nascent natural gas industry, which has three distinct advantages:
Israel is located in close proximity to the European market, of particular importance in light of the energy crisis and EU policy to diversify gas supply.
Israel takes the security of its infrastructure very seriously, and energy installations are highly secured by the Israel Defense Forces.
As a stable, democratic nation with a strong commitment to the rule of law, Israel is a good place to do business in these times of growing uncertainty.