Chevron Resumes Gas Production at Tamar Platform Offshore Israel
Restart of Operations Expected to Reach Full Capacity Soon, Easing Energy Concerns in Israel and Egypt
- Chevron has resumed production at its Tamar natural gas platform off the coast of Israel, following a halt in operations due to the Hamas attacks on Israel.
- The Tamar platform, which went live in 2013, supplies 70% of Israel's energy consumption needs for electricity generation.
- Due to the production pause, Israel had to turn to more expensive fuel sources and divert resources from another gas field.
- Egypt, which imports natural gas from Israel for its liquefied natural gas exports, has seen a 60% increase in Israeli gas flows this month due to eased safety concerns.
- The resumption of production at Tamar is expected to reach full capacity within a few days, according to industry sources.