Natural gas exports to Israel grow in 13.2 billion cubic meters (BCM) in 2024, from 11.6 BCM in 2023, the natural authority of the sundown of Israel reported. This improvement continues in the vibrant upward appearance in recent years, because production from the field field of gas December 209, and from 2021, the export of gas from Israel added 86%. This means 49% of Israel’s gas production is currently exported, while 51% remained for domestic consumption.
Egyptian gas exported to gas, through EMG pipeline and Jordan transmission transmission transmission system. Overall, Egypt bought 10 BCM gas from Israel every year. The Jordan himself bought 3.1 BCM of gas from Israel. According to the estimates of the natural gas demands of the Jordan gas and more than Egypt is expected to grow essentially in the coming years, which means that their trust in Israel will remain high. Between 2021 and 2024, the natural gas exports of Israel in Egypt are more than doubled.
Excessive exports leave Israel without enough gas reserves
Export measures means many profits for energy companies and the Ministry of Finance, through the royalties they pay and by the extra tax funds of Israel’s citizens. On the other hand, there is anxiety that excessive exports leave Israel without sufficient gas reserves for the coming years. This issue is discussed at the decorative committee of the natural gas policy, which significant differences in loud and infrastructure (which is interested in exporting gas for gas preservation for domestic economy).
In the domestic market, about 80% of Israel’s gas is used for electricity, and others for industry use. In recent years, the lines of natural gases in its gas distribution, and now heightened gas companies that share gas areas that share gases with local companies with local companies.
Israel’s gas price is considered stronger, and nearly $ 4.5 per thermal unit continuously since the beginning of 2022. This at the end of 2024 per thermal unit. But the price of Israel is higher than the US, also considered strong because of many local production, and now $ 3 per thermal unit. The relatively strong and low price of Israel’s gas helps maintaining electricity prices compared to Europe, despite the costs and delays of power distribution and deferring the distribution of power and distribution.
Published in Globes, Israel News in News – en.globes.co.il – On May 29, 2025.
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