The energy crisis gives Israel the opportunity to develop natural gas exports to Europe.
The Israeli authorities have decided to continue the process of exploring gas fields in their territorial waters against the backdrop of a difficult situation with gas supplies in Europe. This was reported by The Jerusalem Post on Monday, May 30th.
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Energy Minister Karin Elharar said Israel would begin a fourth phase of gas exploration.
“Israel will do its part to help Europe diversify its energy sources,” the minister said, adding that the energy crisis gives Israel the opportunity to generate gas exports. in Europe.
At the same time, the publication recalls that on December 15, 2021, Karin Elharar announced plans for 2022 to completely stop exploring gas fields and focus on renewable energy sources.
Remember that Europe is preparing for a complete cessation of gas supplies from Russia. Providing gas to Russia was a major challenge for the EU, which before the war in Ukraine had received 40% of its gas supplies from Russia. This number has now dropped to 26%.
It was also reported that on May 18, the EU approved a plan to remove energy from Russia. 300 billion euros will be spent for these purposes.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.