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03 AUG 2026 MONDAY
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Israel eyes gas storage solution to ensure secure supply; launches survey in General Energy News 07/05/2026 Israel is interested in developing a “substantial” domestic gas storage facility to ensure a “continuous and secure” supply of energy, with the country’s energy ministry on May 5 launching a new market survey into various storage solutions. Israel has become a significant gas producer thanks to the development of three major offshore fields — Leviathan, Tamar, and Karish — with output expected to rise further from field expansion projects and discoveries in the prolific East Mediterranean. In a statement on May 5, the ministry said it wanted to promote a review of Israel’s options for developing gas storage, with the market survey seen as a key step toward the development of a facility. “Israel is examining various alternatives for the development of a substantial gas storage facility with the aim to improve national energy resilience and ensure the continuity of gas supply,” it said in a background document. It said the storage volume considered by the state is “over 2 Bcm” of gas with a withdrawal rate of more than 1 million cubic meters per hour. “The move constitutes another step in strengthening the resilience of the Israeli energy sector, and is intended to examine the establishment of a storage facility that will ensure the continuity of the supply of gas to the electricity and industrial sectors, and respond to demand even in emergency situations, disruptions in supply, or shortages during peak consumption hours,” it said. The ministry said the survey was addressed to all Israeli and international stakeholders, with comments invited by July 15. It said the process was at an initial stage, and that it wanted to look into innovative and proven technologies, engineering solutions, business models, and financing structures, along with cost estimates and schedules. “Among the alternatives that the document seeks to review are storage in underground reservoi
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news Hellenic Shipping News ·2026-05-07

Israel eyes gas storage solution to ensure secure supply; launches survey

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