Opinion on Energy and Utilities in Lebanon

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Israel: Middle East tensions may derail new gas find development

The discovery of natural gas deposits beneath the Eastern Mediterranean has shifted the outlook for Israel's energy market. It is thought that the reserves hold enough gas to feed Israel's consumption for decades, and may even turn the energy-dependent country into an exporter. However, the discovery has served to exacerbate political tensions, and further development faces major challenges.

Published By Datamonitor
06 Sep 2010

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