#karish_gas_field
Karish gas field
Natural gas reservoir off the Israeli coast
The Karish gas field is an Israeli natural gas field located in the Eastern Mediterranean. It lies in proximity to the significantly larger Leviathan and Tamar gas fields. The field was initially allocated to a consortium of companies including Noble Energy and Delek, but due to their monopolistic position in the Israeli market, Delek and Noble were forced by regulators to sell their rights in the field. As a result, the two companies sold Karish and the adjacent Tanin gas field to the Greek oil company Energean in 2016 for $150 million. The Karish and Tanin gas fields together are estimated to hold 2–3 trillion cubic feet of gas.
Sat 20th
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