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«Big oil six» for the first time drew attention to Israel

Royal Dutch Shell announced that negotiations for the purchase of gas from the Israeli gas field «Leviathan» and Cypriot gas fields «Aphrodite» in the Mediterranean sea.

One of the «Big oil six» (Big Oil), the company intends to purchase two deposits of 10 billion cubic meters of gas per year for 10 years totaling $ 25 billion.

So far major Western oil companies refused to work with Israel, fearing for their contracts in Arab countries. So working in Israel and the company’s second and third row, such as British Gas (prior to acquisition by Royal Dutch Shell), Noble Energy and Energean.

To the big six largest Western oil companies includes British Petroleum, Chevron, ExxonMobil, Royal Dutch Shell, Total and ENI. None of these companies participating in tenders to search for oil in the waters of Cyprus and Lebanon, has not applied to the search for gas in waters of Israel. ENI, which is developing deposits in Egypt and Cyprus, studied the possibility of using its Egyptian LNG plant to operate the Leviathan field, however, until the real deal is not reached.

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«Big oil six» for the first time drew attention to Israel 12.03.2018

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