Possible US $ 6 billioni gas find off Israeli coast

By BY JPOST.COM STAFF
February 2, 2010 17:13




The Canadian Bontan Oil and Gas Company, which has been exploring for natural gas off the coast of Israel, announced Tuesday that it had found up to 6 trillion cubic feet of natural gas in Mira and Sarah Prospects off the country's coast.

The two finds could be worth upwards of US $6 billion.

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