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Get latest articles and stories on World at LatestLY. A new natural gas field in Israeli waters was officially certified as a gas reserve by the Israeli Ministry of Energy on Wednesday, which will enable its development. World News | Israel Discovers New Gas Field, Its Fourth Largest.
This is just the latest success for Energean with its Israeli licenses it has a number of other ones too in the Med.
A recognition from Israel's National Infrastructure, Energy, and Water Minister means that Energean, a British-Greek energy company can draw up plans to develop the reserve. The natural gas field has been named 'Katlan' and is entirely inside Israeli territorial waters
The size makes Katlan Israel’s fourth-largest gas reserve. Energean is already developing the Karish, Karish North and Tanin offshore reserves, as well as several blocks in the larger Tamar gas field.
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