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Israel--New natural gas producer in the Mediterranean

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  • Shaffer, Brenda

Abstract

In 2009 and 2010, major offshore natural gas reserves were discovered near the State of Israel. This article examines Israel's newly discovered natural gas reserves and the implications of this discovery for Israel, the Middle East, and the Mediterranean region. The article will discuss Israel's energy security approach; the role of natural gas in Israel's energy consumption patterns; the organization of Israel's natural gas sector; regional political and security implications of the natural gas discoveries; the prospects for export, and the outlook for various natural gas markets. These new discoveries significantly improve Israel's energy security. They may also spur Israel to develop technologies related to utilization of natural gas in a variety of sectors, such as transportation. The discoveries may contribute to the emergence of a number of maritime border delimitation conflicts in the Eastern Mediterranean. At current volumes, the Israeli discoveries will not be a game-changer for gas markets in southern Europe or liquefied natural gas (LNG) markets. However, they will lead to expanded natural gas consumption in the region. In addition, offshore exploration efforts in Israel and in neighboring countries are intensifying. Additional discoveries may turn the Eastern Mediterranean region into a new source of natural gas and oil.

Suggested Citation

  • Shaffer, Brenda, 2011. "Israel--New natural gas producer in the Mediterranean," Energy Policy, Elsevier, vol. 39(9), pages 5379-5387, September.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:9:p:5379-5387
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    References listed on IDEAS

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    1. Bahgat, G., 2005. "Energy partnership: Israel and the Persian Gulf," Energy Policy, Elsevier, vol. 33(5), pages 671-677, March.
    2. World Bank, 2007. "West Bank and Gaza Energy Sector Review," World Bank Publications - Reports 19226, The World Bank Group.
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    Cited by:

    1. Tchai Tavor, 2023. "The effect of natural gas discoveries in Israel on the strength of its currency," Australian Economic Papers, Wiley Blackwell, vol. 62(2), pages 236-256, June.
    2. Hala Abu-Kalla & Ruslana Rachel Palatnik & Ofira Ayalon & Mordechai Shechter, 2020. "Hoard or Exploit? Intergenerational Allocation of Exhaustible Natural Resources," Energies, MDPI, vol. 13(24), pages 1-20, December.
    3. Hamed, Tareq Abu & Bressler, Lindsey, 2019. "Energy security in Israel and Jordan: The role of renewable energy sources," Renewable Energy, Elsevier, vol. 135(C), pages 378-389.
    4. Cohen, Nissim & Naor, Michael, 2013. "Reducing dependence on oil? How policy entrepreneurs utilize the national security agenda to recruit government support: The case of electric transportation in Israel," Energy Policy, Elsevier, vol. 56(C), pages 582-590.
    5. Saviolakis I. Panagiotis & Pazarzi Georgia, 2013. "Transportation of Energy Resources in the Middle East and Central Asia," International Journal of Energy Economics and Policy, Econjournals, vol. 3(Special), pages 127-139.
    6. Eitan, Avri, 2023. "How are public utilities responding to electricity market restructuring and the energy transition? Lessons from Israel," Utilities Policy, Elsevier, vol. 82(C).
    7. Hirak Jyoti Das, 2020. "Israel’s Gas Diplomacy with Egypt," Contemporary Review of the Middle East, , vol. 7(2), pages 215-233, June.
    8. Tessa Mazor & Hugh P Possingham & Dori Edelist & Eran Brokovich & Salit Kark, 2014. "The Crowded Sea: Incorporating Multiple Marine Activities in Conservation Plans Can Significantly Alter Spatial Priorities," PLOS ONE, Public Library of Science, vol. 9(8), pages 1-16, August.
    9. Siddig, Khalid & Grethe, Harald, 2014. "No more gas from Egypt? Modeling offshore discoveries and import uncertainty of natural gas in Israel," Applied Energy, Elsevier, vol. 136(C), pages 312-324.
    10. Itay Fischhendler & Daniel Nathan & Dror Boymel, 2015. "Marketing Renewable Energy through Geopolitics: Solar Farms in Israel," Global Environmental Politics, MIT Press, vol. 15(2), pages 98-120, May.
    11. Goldrath, T. & Ayalon, O. & Shechter, M., 2015. "A combined sustainability index for electricity efficiency measures," Energy Policy, Elsevier, vol. 86(C), pages 574-584.
    12. Khalid Siddig & Harald Grethe, 2013. "No more Gas from Egypt? The Israeli Gas Sector between Offshore Discoveries and Import Uncertainty," EcoMod2013 5446, EcoMod.
    13. Griffiths, Steven, 2017. "A review and assessment of energy policy in the Middle East and North Africa region," Energy Policy, Elsevier, vol. 102(C), pages 249-269.
    14. Siddig, Khalid & Grethe, Harald & Abdelwahab, Noura, 2016. "The natural gas sector in post-revolution Egypt," Journal of Policy Modeling, Elsevier, vol. 38(5), pages 941-953.
    15. Teschner, Na'ama & Alterman, Rachelle, 2018. "Preparing the ground: Regulatory challenges in siting small-scale wind turbines in urban areas," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 1660-1668.
    16. Michaels, Lucy & Tal, Alon, 2015. "Convergence and conflict with the ‘National Interest’: Why Israel abandoned its climate policy," Energy Policy, Elsevier, vol. 87(C), pages 480-485.
    17. Hagit Shasha-Sharf & Tali Tal, 2023. "Energy Policy as a Socio-Scientific Issue: Argumentation in the Context of Economic, Environmental and Citizenship Education," Sustainability, MDPI, vol. 15(9), pages 1-20, May.
    18. Fischhendler, Itay & Nathan, Daniel, 2014. "In the name of energy security: the struggle over the exportation of Israeli natural gas," Energy Policy, Elsevier, vol. 70(C), pages 152-162.
    19. Athanasios Dagoumas & Floros Flouros, 2017. "Energy Policy Formulation in Israel Following its Recent Gas Discoveries," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 19-30.
    20. Ruslana Rachel Palatnik & Tchai Tavor & Liran Voldman, 2019. "The Symptoms of Illness: Does Israel Suffer from “Dutch Disease”?," Energies, MDPI, vol. 12(14), pages 1-19, July.
    21. Michail Tsangas & Mejdi Jeguirim & Lionel Limousy & Antonis Zorpas, 2019. "The Application of Analytical Hierarchy Process in Combination with PESTEL-SWOT Analysis to Assess the Hydrocarbons Sector in Cyprus," Energies, MDPI, vol. 12(5), pages 1-17, February.
    22. Vitor Miguel Ribeiro & Gustavo Soutinho & Isabel Soares, 2023. "Natural Gas Prices in the Framework of European Union’s Energy Transition: Assessing Evolution and Drivers," Energies, MDPI, vol. 16(4), pages 1-46, February.
    23. Fischhendler, Itay & Herman, Lior & Anderman, Jaya, 2016. "The geopolitics of cross-border electricity grids: The Israeli-Arab case," Energy Policy, Elsevier, vol. 98(C), pages 533-543.
    24. Josef Wijk & Itay Fischhendler, 2017. "The construction of urgency discourse around mega-projects: the Israeli case," Policy Sciences, Springer;Society of Policy Sciences, vol. 50(3), pages 469-494, September.

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    Keywords

    Israel Natural gas Energy;

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