ICEC

Israeli group says found another large offshore gas field

An Israeli exploration group announced Sunday that it has discovered another large natural gas field off Israel’s Mediterranean coast.

The group, lead by Isramco Negev and Modiin Energy, said that a resource report showed there could be an estimated total of 8.9 trillion cubic feet of natural gas at the Daniel east and west fields.

Large natural gas deposits have been discovered in nearby waters in recent years.

Source: Reuters

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