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The Israel-Hamas war in Gaza has not only had a human cost but also poses challenges to the energy ecosystem in the Eastern Mediterranean. The region has seen significant offshore gas development over the past decade, with major Western firms extracting and exporting natural gas from fields off Israel and Egypt. However, the war has disrupted this energy ecosystem, impacting regional output and gas supply. It has also affected gas prices in Europe and could have long-term consequences for the future development of the Eastern Mediterranean's gas fields. The war may discourage investment and development in the region's gas industry and highlight security vulnerabilities. [Extracted from the article]

(Bloomberg) -- Cyprus is intensifying efforts to build a new natural gas link with Israel in order to export the fuel to Europe from the Eastern Mediterranean. "For Cyprus, what is important is to be supplied with natural gas to reduce energy costs, but for the project to be viable we need to be able to liquefy gas through a modular terminal or FLNG", Papanastasiou said. [Extracted from the article]

Crown Prince Muhammad bin Salman, who oversees most of Saudi Arabia's day-to-day affairs given the advanced age of his father, King Salman, is known to privately advocate ties with Israel-not just for economic reasons, but also to meet the challenge of Iran. King Hamad supports outreach to Israel based on his personal views about regional and religious affairs; his eldest son Salman, the prime minister and crown prince, endorses such diplomacy as well. [Extracted from the article]

In 2000, the UnitedNations characterized the "temporary" Blue Line demarcatingLebanon and Israel as "not a border, but a line ofwithdrawal" following the departure of Israel troops fromsouthern Lebanon that year. Lebanon and Israel reached a historic agreement last weeksettling a years-long maritime border dispute involvingmajor energy fields in the Mediterranean Sea. [Extracted from the article]

The article focuses on the consideration of Israel as an exporter of energy following the discovery of natural gas offshore. The need for the country to import its energy resources such as gas, coal and oil is noted. Lawyer Gideon Tadmor's theory that there is no reason to stop gas fields at the maritime border of the country is revealed. Also projected is the forced natural gas export by 2017 as soon as large reservoir will operate.

The article focuses on various issues on politics and government. It notes that English statesman George Canning has denounced the concept of French philanthropy, which professes to love all mankind while eradicating patriotic impulse. It also mentions the military intervention in Libya in the duration of the political crisis on the administration of President Moammar Qaddafi. Moreover, the discovery of off-shore gas fields in Israel has given a rare hope for the country.

Future cooperation could focus on LNG, increasing Egypt's export capacity and in building cheaper pipelines from Israel in addition to future LNG plants and floating LNG platforms, he said. Any short-term Israeli move to sell gas to the EU would likely rely on cooperation with Egypt, which has two liquefied natural gas terminals. [Extracted from the article]

The Leviathan natural gas field has finally begun production, after long delays that pushed its start date to the last day of 2019. Moreover, during a Gaza clash several years ago, a rocket hit an area of Israel just north of where Leviathan gas is coming ashore. [Extracted from the article]

(Bloomberg) -- Israeli equities climbed the most in the Middle East as dual-listed firms caught up with U.S. gains from Thursday. MIDDLE EASTERN MARKETS: Egypt's EGX 30 falls 1% Commercial International Bank 0.9%; Eastern Co. -0.8%; Talaat Moustafa Group -0.9% Cleopatra Hospital rises 5.3% Read: Cleopatra Board Approves Acquisition of Alameda Healthcare Dubai Financial Market General Index fell 0.5% DXB Entertainments extends losses to about 18% since Dec. 20, when Meraas Holding LLC offered to delist the troubled park operator Damac Properties closes 3.5% lower Read: Damac Sees UAE Property Market Recovery in Two Years, Zawya Says Saudi Arabia's Tadawul All Share Index rises 0.4% Sabic +0.8%; Saudi Kayan +3.6%; Al Rajhi Bank +0.3% Aramco erases earlier loses, closing 0.1% higher after the Saudi Energy Minister announced it discovered 4 oil and gas fields in the kingdom Read: Saudi Aramco Discovers 4 Oil and Gas Fields in Kingdom: SPA ©2020 Bloomberg L.P. [Extracted from the article]

(Bloomberg) -- A decade after its discovery was lauded as a guarantor of Israel's energy security, the giant Leviathan natural-gas field started production Tuesday. Ever since the 2009 discovery of the two natural gas fields Leviathan and Tamar -- the latter started operations in March 2013 -- Israel has looked toward not just energy independence and cleaner domestic sources, but a broader regional influence. [Extracted from the article]

(Bloomberg) -- A decade after its discovery was lauded as a guarantor of Israel's energy security, the giant Leviathan natural-gas field started production Tuesday. Ever since the 2009 discovery of the two natural gas fields Leviathan and Tamar -- the latter started operations in March 2013 -- Israel has looked toward not just energy independence and cleaner domestic sources, but a broader regional influence. [Extracted from the article]

(Bloomberg) -- Ratio Oil Exploration 1992 LP, one of the companies developing Israel's largest natural gas field, expects the long-awaited project to give it about $250 million of revenue next year. The energy explorer, which hasn't had any sales since at least 1998, is also planning to start paying dividends to shareholders after refinancing debt, Chief Executive Officer Yigal Landau said in an interview in his Tel Aviv office on Sunday. [Extracted from the article]

(Bloomberg) -- The companies developing Israel's largest natural gas fields agreed to increase supply to their Egyptian customer as part of a landmark contract to help meet growing demand in the most populous Arab country. The change in pipeline ownership, expected this month, will give the companies exclusive rights to lease and operate the pipeline and more power to avoid disruptions in their dealings with Egypt. [Extracted from the article]

(Bloomberg) -- The companies developing Israel's largest natural gas fields agreed to increase supply to their Egyptian customer as part of a landmark contract to help meet growing demand in the most populous Arab country. Domestic demand in Egypt for natural gas will steadily rise about 30% over the next two decades, causing supply shortage within five years, according to Wood Mackenzie, a U.K.-based energy research and consultancy firm. [Extracted from the article]

Project reflects Exxon's growing ambitions in East Med region Exxon Mobil Corp. is in discussions to build a platform that would expand the export reach of Israel's biggest natural gas field, according to people familiar with the matter. [Extracted from the article]

Delek Group Ltd., the parent of Delek Drilling, had tried to sell shares in London in 2014 but was unsuccessful, he said. To satisfy Israeli regulators, its parent Delek Group must shed a holding in the Tamar field, Pincu said. [Extracted from the article]

Israel will pipe gas to Egypt under a $15 billion deal Talks are also underway to build a new sub-sea gas pipeline that would carry additional volumes from Israel's offshore fields to Egypt's existing liquefied natural gas plants. [Extracted from the article]

Israel increases size of drilling blocs, softens requirements Israel is sweetening the terms of its new gas exploration tender in order to entice major energy firms to put aside concerns about geopolitical and regulatory issues, and finally drill off the nation's Mediterranean coast. [Extracted from the article]

Israeli energy minister spoke in Cairo after gas forum The new line would allow Israel to export much more to Egypt than the maximum 7 billion cubic meters per year that can flow through the existing EMG pipeline connecting southern Israel to Egypt's Sinai peninsula. [Extracted from the article]

Israel's energy minister, Yuval Steinitz, will meet his Egyptian counterpart and other oil ministers from the Mediterranean region at a gathering in Cairo as part of Egypt's broader push to transform itself into a regional gas hub. The ministry said Steinitz was departing Israel on Jan. 13. Major gas finds in Cyprus, Israel and Egypt over the past few years have transformed the eastern Mediterranean region into an energy hot spot. [Extracted from the article]

Deal allows Delek, Noble and East Gas to operate EMG's line Israel's Delek Drilling LP, Noble Energy Inc. and Egyptian East Gas Co. signed a deal to buy a 39 percent stake in pipeline owner Eastern Mediterranean Gas Co., according to a statement released to the Tel Aviv bourse Thursday. [Extracted from the article]

Egypt deal, planned gas pipeline improve export outlook While those and other finds have spurred talk that the region could become a major gas hub on Europe's doorstep, local disputes have held up some export projects. [Extracted from the article]

Delek, Noble, Egyptian partner said in talks to buy 37% stake Once the buyout takes place, the deal will hinge on finalizing a preliminary understanding that Egypt said in February had been reached with Israel's electricity company. [Extracted from the article]

The article discusses the discovery of natural gas fields off the coast of Israel on the solar and renewable energy industry in the country. It mentions only 2% of the electricity in the country were from renewable sources. It cites several renewable enrgy projects in the country that are hope to rival the gas energy sector.

The article reports on targeting Israel's gas rigs with missiles by Hizbullah's flyers clarifying that Lebanon will not forfeit its rights for operations in its exclusive economic maritime zones.

Netanyahu said that even though he was immersed in efforts to generate revenue from Israel's gas discoveries, he was barely acquainted with Maimon and did not know Yair was friends with Maimon's son. The prime minister also asserted said Maimon probably was unhappy with the government's 55 percent tax rate for those who won the gas contracts. [Extracted from the article]

Israeli gas stocks were headed for their biggest losses in more than three months after the High Court opened the door for a future lawsuit against the firms that sell fuel to the country's largest energy consumer. The Tel Aviv Oil & Gas Index fell as much as 2.2 percent, and gas companies were among the worst performers on Israel's benchmark TA-35 Index, after the court rejected a request by the partners in the Tamar natural gas field to dismiss a class-action suit claiming the companies charged unfair and monopolistic prices. [Extracted from the article]

The article reports that Israel's Antitrust Authority has said that it is considering whether it should cancel an agreement that allows Houston, Texas-based energy company Noble Energy Inc. and Israel's Delek Group Ltd. to develop two large gas field in Israel, the Leviathan and Tamar fields. It is stated that the two fields have the capacity to produce enough gas to satisfy Israel's domestic needs and will provide a surplus for export, but Israel is not ready for exports.

The article discusses the security and political implications of the discovery of Tamar and Leviathan offshore gas fields in Israel, which will turn the country into a potential gas exporter. The Tamar and Leviathan fields lie around 100-150 km from the Israeli shore, close to a relatively small disputed area with Lebanon that causes intermittent disagreement. This means any future conflict with Hizbullah could see the maritime installations targeted.

Israeli energy company, Delek Drilling, is set to launch a $2.25bn bond sale this week to support the expansion of its gas fields in the Mediterranean Sea, according to market sources. [ABSTRACT FROM AUTHOR]

The article focuses on an agreement between Palestinian and Israeli officials to develop a gas field lying beneath 2,000 feet of water about twenty miles off the coast of the Gaza Strip. The field known as "Gaza Marine" and belongs to the PA rather than the Hamas regime in Gaza and mentions that Gaza Marine lies in Palestinian waters rather than crossing into Israel's Exclusive Economic Zone.

The article reports that the decision to allow Australian firm Woodside Petroleum Ltd. to acquire a stake in Israel's giant offshore Leviathan natural gas field shows significant changes in the country's political and commercial strategies. It is said that most of the output form this field is likely to be exported. It says that the move is also a setback for Russian firm Gazprom which was also interested in the project and Woodside may affect its role as the predominant exporter to Europe.