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The energy Ministry of Israel again extended the tender to search for oil in the EEZ

The energy Ministry of Israel announced the postponement of the deadline for the submission of applications for participation in the tender to find the gas in the exclusive economic zone of Israel in the Mediterranean sea.

The deadline for submission of applications is postponed from July to November 2017. This is the second transfer – originally the tender had to be closed in April.

Apparently, the reason is the low interest of foreign oil companies to search for gas in Israel, both because of rigid regulation, and geopolitical problems.

In tenders, the Cyprus and Lebanon, attended by almost all the major oil companies, while in Israel the application for participation in the tender of the relatively large players filed only Greek Energean and Italian Edisson.

The energy Ministry of Israel again extended the tender to search for oil in the EEZ 22.06.2017

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