Israel energy

“The economy’s energy needs will be supplied by alternative fuels… The electricity industry is preparing to use alternative fuels to power its stations.”

The meeting creates an opportunity to create awareness of the great opportunities inherent in the connection between the oil and gas industry and Israeli innovation.

German researchers developed 3D printers to make vertical wind turbines, especially for urban environments.

"We have no choice," Elbaz stressed. "The climate is changing. Temperatures are rising. We are running against the clock to improve things, so the next generation will not suffer."

Bazan Group, the largest refinery and petrochemicals company in Israel, announced its financial results for the third quarter and first nine months of 2022.

Energean has said its floating production storage and offloading vessel is due to start production at Karish in the third quarter but has not given a precise date.

According to data from the Enerpoint company, in the first half of 2022 there was a 12% increase in the installation of solar systems using photovoltaic technology.

2.7 billion cubic meters (BCM) of natural gas was sold from the Leviathan reservoir in Q1, of which 1.8 BCM was exported to Egypt and Jordan.

Bar-Ilan University’s new facilities are part of its initiative to invest hundreds of millions of shekels in research and environmental projects.

"Russia has one [economic] leverage: the energy sector. That is what it has been holding as a sword over the heads of several countries in Europe," said US special energy envoy Amos Hochstein.

Israel can provide a large part of this quantity depending on the current capacity of the liquefying facilities in Egypt or the ability of the companies extracting the Israeli gas