Tag: Karish

According to the report, the output from Karish (gas and condensate together) is equivalent to 41,000 barrels of oil per day – and will rise to 150,000 by the end of this calendar year.

According to Lior Schillat, director-general of Israel's Energy Ministry, the agreement will "allow the development of a gas reservoir that crosses the border between enemy states, an unusual event in the global energy market."

“It is possible there will be a need for political involvement with the Italian government, which owns a third of ENI.”

Operation is expected to reach full production in four to six months.

Anwar Sadar: "Poor Menachem, I got back 90% of the Sinai and the Alma oil fields, and what has Menachem got? A piece of paper."

Nasrallah: "Lebanon has accomplished a huge achievement"

Kochavi showed the French general which Lebanese targets would be destroyed if Hezbollah attacked.

The facts we know...

Friedman tweeted, "No one then imagined 100% to Lebanon and 0% to Israel. Would love to understand how we got here.”

“We’re talking about weeks—actually days—to finish the delineation issue,” says the head of Lebanon’s General Security Agency.

Report: Israel assesses that Hezbollah leader Hassan Nasrallah’s recent threats are an attempt to frame the pending agreement as Hezbollah achievement.

Israel has recently commenced actions to develop the Karish gas field in the area, and Hezbollah is now threatening war by September.

Lebanon is reportedly demanding additional 1,460 square kilometers from Israel’s economic water, in addition to the 860 square kilometers on which the discussions are already focusing.

Lebanon-Israel-US mediator Amos Hochstein agrees to return to Lebanon and resume the negotiations with Israel regarding the maritime border, if Lebanon will back down from its claim on point 29.

Nasrallah's speech regarding the maritime border and the offshore gas rig: "This is up to the state to decide"

It seems like Hezbollah isn't keen on being involved and is waiting to see what the Lebanese government decides to do.

Greek energy company in negotiations for natural gas deal with Israel Chemicals, OPC Energy and Oil Refineries Ltd.

Israel has (more) gas. Baruch Hashem. But who should profit?