Israel has agreed to open talks with the Palestinian Authority to develop and operate the Marine natural gas field offshore from Gaza, according to an official Israeli report. If that is the case, this is a major development for the Palestinian natural gas market and economy.
The Marine gas field was discovered more than a decade ago by BG Group plc (LSE; NYSE: BG), after then-Prime Minister Ehud Barak allowed drilling offshore from Gaza without Israeli participation (against professional recommendations).
You comment was recieved and soon will be published.
Thank you for posting your comment, which will be reviewed for publication.
Load more comments