There were two notable developments in Israeli gas this week.
The US energy giant Chevron announced Thursday its expansion plan for the Tamar gas field off the coast of Israel in the Mediterranean, Israeli media reported. Chevron and its partners will invest a further $673 million in the field to expand it to include a third 150-kilometer-long (93 miles) pipeline. The goal is to get daily production to 1.6 billion cubic feet per day. At present, Tamar’s production capacity is 1.1 billion cubic feet.
