Chevron Moves to Expand Giant Israeli Gas Field ...Middle East

Chevron has announced the start of the second phase of development at the Tamar gas field offshore Israel. Despite the ongoing war with Hamas, the U.S. supermajor is working to increase production at the deposit to 1.6 billion cubic meters daily. The expansion project will cost $24 million. “Reaching FID for Phase Two of Tamar’s expansion reflects Chevron’s ongoing commitment to partnering with the State of Israel to continue development of its energy resources for the benefit of domestic and regional natural gas markets,”…

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