Days after Israel signed a maritime border agreement with Lebanon, Prime Minister Yair Lapid toured the Karish natural gas field to view the production process that kicked off last week.
During his visit to the gas rig off Israel’s northern coast on Sunday, Lapid proclaimed that the field contains Israel’s “energy and economic future.”
“Producing gas from the Karish field will lower energy costs in Israel, will turn Israel into a regional energy supplier, and will help Europe deal with the energy crisis,” Lapid continued, speaking from a gas rig.
High energy prices in Europe — the result of the Russian invasion of Ukraine and underinvestment in reliable domestic sources — have caused political and economic stress as the continent heads into winter.
The prime minister added that the natural gas from Karish will help lower the cost of living in Israel, a salient political issue ahead of Tuesday’s election.
Lapid received a briefing at the site from Shaul Zemach, the Israel country manager for Energean, the London-listed company extracting gas from the Karish and Tanin fields. Energean began production at Karish on Wednesday, a day before the signing of the Lebanon-Israel deal in Naqoura.
With the beginning of production, Karish joins Tamar and Leviathan to become Israel’s third offshore field providing natural gas, with each connected to the mainland by separate infrastructure.
No comments:
Post a Comment