Israel’s fossil fuel boon becomes less clear-cut

The gas platform for Leviathan, Israel's largest gas field is seen from a helicopter near Haifa bay, northern Israel, August 1, 2023.

The gas platform for Leviathan, Israel's largest gas field is seen from a helicopter near Haifa bay, northern Israel, August 1, 2023.

Source: REUTERS/Ari Rabinovitch

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19 Oct 2023 | By   Yawen Chen Follow @ywchen1
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The country’s rapidly rising gas exports were billed as a way to replace 10% of the Russian supplies lost by Europe. UAE oil giant ADNOC has also bid to buy local fossil fuel assets amid improving relations with the Gulf state. Israel’s war with Hamas complicates both objectives.

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