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Keyword: karishfield

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  • Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration

    10/11/2022 3:39:14 AM PDT · by SpeedyInTexas · 21 replies
    Clinton News Network ^ | 11-OCT-2022 | Mia Alberti
    Israel and Lebanon have reached a historic agreement, leaders on each side said separately on Tuesday, settling a years-long maritime border dispute involving major oil and gas fields in the Mediterranean. ... The disputed area includes the Karish oil and gas field and a region known as the Qanaa prospect, which are expected to fall into Israeli and Lebanese waters respectively under the deal. Israel has said it would begin extracting oil and gas from Karish and exporting it to Europe imminently.