Israel Courting Energy Heavyweights to Seek Offshore Gas
- Energy Minister Steinitz says big reserves yet to be found
- He’s looking for multiple bids, with licenses by year’s end
This article is for subscribers only.
Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to search for natural gas off his country’s shores.
At a road show in London this week, Steinitz will sit down with executives from large and mid-sized energy companies to make his case that prospects for finding big reserves are good.