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The National (Scotland)
The National (Scotland)
National
James Walker

Scottish-based oil firm’s contested Gaza gas project hits new obstacle

The project is on the rocks (Image: Damian Shields)

AN energy consortium led by a Scottish-based oil firm looking to help Israel extract gas in waters claimed by Palestine is at risk after a major setback.

The National previously revealed how Dana Petroleum, headquartered in Aberdeen and ultimately owned by the Korean National Oil Corporation, was among several companies granted licences in 2023 to explore the gas-rich seabed near Gaza – just weeks after Israel began its bombing campaign following the October 7 attacks.

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