HomeMagazine2016September 2016, Vol. 243, No. 9Compromise Allows Big Spending on Israel’s Natural Gas Sector

September 2016, Vol. 243, No. 9

Features

Compromise Allows Big Spending on Israel’s Natural Gas Sector

Israel’s decision to adopt changes to guidelines under which U.S. developers operate in its massive Leviathan natural gas field will likely lead to the largest infrastructure project the tiny nation has ever seen. The move clears the way for Houston-based Noble Energy’s planned $5 billion natural gas project that would encompass wells connected to an offshore platform, which would initially produce 1.2 Bcf/d of natural gas, though the output could be increased to nearly double that amount. The project, as it stands now, includes development of an undersea pipeline, running to Israel’s coast to serve the domestic market, along with Jordan and the West Bank, and a 20-km pipeline linking Isra

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