Natural gas

Iran may run out of oil storage within weeks under US blockade pressure

As a result of the blockade on Iranian ports, Tehran has been forced to store all the oil it extracts through various means, including onshore facilities and floating storage aboard vessels.

|ByAMICHAI STEIN
US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.
: London-based Energean's drill ship begins drilling at the Karish natural gas field offshore Israel in the east Mediterranean May 9, 2022.

Karish gas field resumes production

The Karish platform has been idle for 40 days and the total damage from gas field shutdown was about NIS 1.7 billion

|ByIDAN ERETZ/GLOBES/TNS
The gas platform for Leviathan, Israel's largest gas field is seen from a helicopter near Haifa bay, northern Israel, August 1, 2023.

Leviathan gas field resumes operations after risk of strikes from Iran war outbreak

The Leviathan and Karish reservoirs were shut down to reduce the risk of being hit when Operation Roaring Lion began on February 28th

|ByIDAN ERETZ/GLOBES/TNS
3D-printed oil barrels, an oil pump jack and a map showing the Strait of Hormuz and Iran appear in this illustration taken March 2, 2026.

Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT

The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.

|ByTOBIAS HOLCMAN

Israel achieves independence through energy supply - opinion

Israel can provide a large part of this quantity depending on the current capacity of the liquefying facilities in Egypt or the ability of the companies extracting the Israeli gas

MAY 7, 2022ByODED ERAN
THE PRODUCTION platform of the Leviathan natural gas field in the Mediterranean Sea, off the coast of Haifa: The realization of the commercial potential of the field is in the hands of the companies.

Russian gas supplies to Poland, Bulgaria halted - reports

Poland has repeatedly said it would not agree to Russia's demand to pay in roubles for gas it buys from Gazprom under new rules Moscow announced last month.

APRIL 26, 2022ByREUTERS, JERUSALEM POST STAFF
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022.

If Europe boycotts Russian gas, can Israel meet their needs? - opinion

Israel and Egypt are producers of natural gas and the question is whether they or other east Mediterranean potential producers are relevant to the current situation.

APRIL 11, 2022ByODED ERAN
US PRESIDENT Joe Biden speaks during a news conference at a NATO summit last month in Brussels. Biden declared the US will inject 15 BCM of natural gas to the world market in 2022, with more to come in the future.

Elharrar: Israel ready to export gas to Europe via Egypt in September

“The European energy market is facing a substantial shortage following the Russia crisis,” Elharrar said. “Israel sees an opportunity and will take full advantage of it.”

APRIL 7, 2022ByLAHAV HARKOV
ISRAEL’S GAS fields include some of the largest discovered anywhere in the world since 2010, including the Leviathan natural gas field, off the coast of Haifa.

Chevron CEO says Israel gas pipeline could supply Europe amid crisis

The EastMed pipeline, meant to transfer natural gas from Israeli waters to Europe via Greece and Cyprus, was announced in 2016.

MARCH 8, 2022ByBEN ZION GAD, REUTERS
The Leviathan gas platform pictured in the Mediterranean Sea.

Energean connects Karish field to Israel’s gas network

Gas will flow through the Israel National Gas Line from the Karish gas field to produce energy.

MARCH 5, 2022ByJERUSALEM POST STAFF
The production platform of Leviathan natural gas field is seen in the Mediterranean Sea, off the coast of Haifa

Oil surges above $100 for first time since 2014 as Russia attacks Ukraine

"Russia's announcement of a special military operation into Ukraine has pushed Brent to the $100/bbl mark," said Warren Patterson, head of ING's commodity research.

FEBRUARY 24, 2022ByREUTERS
A man works at the PKN Orlen main oil refinery in Plock January 11, 2007. Photo taken January 11, 2007.

Germany freezes Nord Stream 2 gas project as Ukraine crisis deepens

Europe's most divisive energy project, worth $11 billion, was finished in September.

FEBRUARY 22, 2022ByREUTERS
A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020.

#Egyps2022 highlights importance of Israel's natural gas

One of the companies represented was Energean, with its CEO Mathios Rigas taking part and having discussions with Israel's Energy Minister Karin Elharrar.

FEBRUARY 16, 2022ByJERUSALEM POST STAFF
Speakers at the Egyps conference on oil and gas, in Egypt.

Voices from the Arab press: Israel’s new secret weapon: Natural gas

A weekly selection of opinions and analyses from the Arab media around the world.

FEBRUARY 10, 2022ByMEDIA LINE
A VIEW OF the Israeli Leviathan gas field gas processing rig near Caesarea.