Eastern Mediterranean Gas Discoveries

Gas discoveries in the Eastern Mediterranean Sea could turn out to be quite a game changer for the Palestinians, even more so than for the Israelis.This subject has been very unreported in the U.S. In the late 1990s, the State of Israel contracted with both British Gas Corporation of UK (also has a partner) and Noble Energy Corporation of the U.S. to do exploratory drilling for oil and natural gas in the Eastern Mediterranean Sea in a large region named the Levantine Basin. British Gas first … [Read more...]


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