Major new gas deposit discovered off Israeli coast


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(Worthy News) – An exploratory drilling project off the western coast of Israel has revealed another major natural gas field, near several other known natural gas deposits.

The UK-based Energean PLC reported Monday that it has discovered natural gas in the “Zeus” exploration well northwest of Haifa.

The Zeus gas deposit, located between the recently discovered Athena gas field and the Tanin and Tamar fields, is estimated to contain some 13.3 billion cubic meters of gas, higher than the pre-drilling estimates. The finding is still a preliminary assessment, however, and could change following further analysis. [ Source: World Israel News (Read More…) ]

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