As Iran ceasefire holds, Israel gas fields resume production: What to know
Egypt and Jordan are increasingly reliant on Israel for gas despite tensions over Gaza, but the conflict with Iran threatened their imports.
Two of Israel’s main gas fields announced a resumption of operations on Wednesday after halting activities in response to the conflict with Iran.
What happened: Israel’s NewMed Energy said it received notice from Israel’s Ministry of Energy and Infrastructures that it may restart production in the Leviathan field. The operator in the field began the process of restarting production, and it was expected to resume on Wednesday, according to a statement from the company.
The London-based Energean said it also received notice from the ministry that it could restart production in the Karish field and is working to do so, per a company statement.
The Leviathan and Karish fields are located off the coast of Israel in the eastern Mediterranean Sea. Israel suspended production in the fields earlier this month following the start of its strikes against Iran. Production continued from the Tamar field, also located in the sea, for domestic use. A US-brokered ceasefire between Israel and Iran came into effect on Tuesday.
