New Report Available: Israel Oil & Gas Report Q1 2015

Gas production from the Tamar field has made Israel self-sufficient in natural gas supplies and the country is now advancing major gas export plans. Expansions at the Tamar field will lead exports from 2016, while start up at the Leviathan field will significantly boost production from 2018.

We highlight the following trends and developments in Israel's oil and gas sector:

* Israel's finance ministry has approved a taxation model for natural gas exports, a key development in the country's hydrocarbon future. The tax is to take a netback model and will include an additional mechanism guaranteeing the price of exported gas is not lower than the average price in the Israeli domestic market.
* The Tamar Partners are installing a gas compression unit at the Ashdod receiving terminal in order to boost supplies from the Tamar field. Construction is over 30% complete with start up targeted for early 2016.
* In May 2014, Union Fenosa Gas and the Tamar Partners signed a letter of intent for a 15-year 70bcm supply contract for the Damietta LNG terminal. In September, Delek announced its Tamar expansion plan, which would support pipeline exports to Egypt from 2017.
* A similar project is being mulled to connect the Leviathan field with Egypt's other LNG plant at Idku. While talks are less progressed,...

Full Report Details at
- http://www.fastmr.com/prod/924179_israel_oil_gas_report_q1_2015.aspx?afid=301

The Israel Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Israel including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Israel Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Israeli oil and gas industry.

Key Benefits

* Benchmark BMI's independent oil and gas industry forecasts for Israel to test consensus views - a key input for successful budgeting and strategic business planning in the Israeli oil and gas market.
* Target business opportunities and risks in the Israeli oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Israel.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.



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