The energy giant had halted operations at the offshore facility on request from Israel’s government shortly after the attacks by Hamas militants last month.
Chevron said Monday that it had resumed production of natural gas from a platform in Israeli waters on instructions from the government.
The initial anxiety about a wider escalation of the fighting disrupting energy supplies in the region has faded, and prices have recently slumped.
Cairo uses the fuel imported from Israel to generate electric power, run factories and export onward to Europe and other destinations through two liquefied natural gas terminals on the country’s Mediterranean coast.
Chevron is now the key player in Israel’s energy industry, operating not only the Tamar platform but a second large source of gas called the Leviathan field.
The production facility for Leviathan is in waters off Haifa in northern Israel and is less vulnerable to rocket fire from Gaza.
On the other hand, Leviathan is closer to Lebanon, the base of fighters from Hezbollah, the Iran-backed militia that has clashed with Israel since the outbreak of fighting in Gaza.
The original article contains 378 words, the summary contains 156 words. Saved 59%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Chevron said Monday that it had resumed production of natural gas from a platform in Israeli waters on instructions from the government.
The initial anxiety about a wider escalation of the fighting disrupting energy supplies in the region has faded, and prices have recently slumped.
Cairo uses the fuel imported from Israel to generate electric power, run factories and export onward to Europe and other destinations through two liquefied natural gas terminals on the country’s Mediterranean coast.
Chevron is now the key player in Israel’s energy industry, operating not only the Tamar platform but a second large source of gas called the Leviathan field.
The production facility for Leviathan is in waters off Haifa in northern Israel and is less vulnerable to rocket fire from Gaza.
On the other hand, Leviathan is closer to Lebanon, the base of fighters from Hezbollah, the Iran-backed militia that has clashed with Israel since the outbreak of fighting in Gaza.
The original article contains 378 words, the summary contains 156 words. Saved 59%. I’m a bot and I’m open source!