BREAKING NEWS

Ministry gives nod to develop Noa gas field

National Infrastructure Minister Uzi Landau instructed Noble Energy Tuesday to develop the Noa North gas reserve in the Noa license after concerns that the field spilled over into Palestinian territory.
Sources informed Globes that the final decision to develop the field came after operator Noble Energy convinced National Infrastructure Ministry experts that the field did not spill over into other parts of the reserve, which is partly under the jurisdiction of the Palestinian Authority in the economic zone of the Gaza Strip.Up to now, Landau has refrained from ordering development of the Noa field, fearing that this would lead to diplomatic problems vis-à-vis the Palestinian Authority. Globes reported in the past that Prime Minister Benjamin Netanyahu discussed the matter with President of the Palestinian Authority Mahmoud Abbas.
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