+Susen Rogen

Friday, 27 September 2013

Israel Oil and Gas Report Q4 2013:Energy & Power Market Research Reports

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Israel Oil and Gas Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

BMI View: Gas production from the Tamar field is expected to reach 27.6mcm/day (10.1bcm) by the end of the year making Israel self-sufficient in natural gas supplies for the first time ever. We expect stagnation in production growth through to 2015 as bottlenecks at the onshore receiving facility at Ashdod will limit production to 10.5bcm. This should be resolved by 2016, while we expect 2017 to be the first year the country exports natural gas, most likely from the Tamar FLNG facility. We see comparatively strong liquids upside with growing condensate volumes from Tamar and eventually Leviathan. Furthermore, near shore …

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