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Environment

JNS Reporter

Isreali Hydrocarbon Exploration And Production Company Announces New Gas Discovery Off Israeli Coast

Israel Energean Natural Gas

Energean plc announced on Monday the discovery of a commercially viable deposit of natural gas, containing an estimated 13 billion cubic meters (bcm), at its Zeus-01 drilling site located off Israel’s coast, the company said in a statement.

Energean’s floating production unit seen offshore Israel. The company is now progressing its field development plan (PHOTO BY PIET SINKE/FLICKR)

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