From Energy Business Review

A group led by Isramco Negev and Modiin Energy has reportedly discovered a large natural gas field offshore Israel.

Located at the Daniel East and West licenses off the Israel’s coast, the field is estimated to have potential reserves of 8.9 trillion cubic feet of gas.

One of the owners Modiin, Tzahi Sultan told Reuters: “Gas reserves of this size could significantly change the Israeli gas market.”

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