Gaza Marine Gas Field (Palestine)
| This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project. |
| Related categories: |
Gaza Marine Gas Field is an in development gas field in Palestine.
Project Details
Main Data
Table 1: Field-level project details for Gaza Marine Gas Field
| Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
|---|---|---|---|---|---|---|
| Gaza Marine | In development[1] | – | Palestine Investment Fund (55.0%)[2][3][4] | 2000[5] | 2023[6] | – |
Production and Reserves
Table 2: Reserves of Gaza Marine Gas Field
| Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| gas | reserves | 39643.21 | million m³ | 2023 | [7] |
Location
Table 3: field-level location details for Gaza Marine Gas Field
| Location | Coordinates (WGS 84) |
|---|---|
| Offshore, Palestine[8] | 31.5833, 34.0508 (exact)[8] |
The map below shows the exact location of the field:
Background
As of March 2023, Egypt’s EGAS was expected to lead development of Gaza Marine. BG was the original operator and 90% owner.[9] The Palestine Investment Fund (PIF) held the license for the field as of 2023. According to a Columbia Energy Policy paper, PIF was "hoping to supply Palestine and possibly Egypt" with gas from the field. In 2022, "Egypt and Israel had reached an agreement to permit the field’s development after a long delay due to Israel’s insistence that gas revenues not reach the Hamas administration of the Gaza Strip." Authors from Columbia university stated "Egypt’s involvement may help to overcome Israel’s objections, though Israel also has an interest in maintaining its near-monopoly of electricity and gas sales to Palestine."[9]
As of January 2024, “the legal status of the field remains unclear, and the 2023 Israel–Hamas war further complicated this matter.”[10]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ https://besacenter.org/why-israel-approved-development-of-the-gaza-marine-gas-field/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230702000439/https://www.pif.ps/energy-sector-english/. Archived from the original on 02 July 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ (PDF) https://web.archive.org/web/20230621142350/https://www.energean.com/media/2703/mathios-rigas-on-reuters-gaza-cyprus.pdf. Archived from the original (PDF) on 21 June 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230326131309/https://www.mesp.me/2022/11/15/the-east-med-energy-report-issue-12/. Archived from the original on 26 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230822051626/https://www.jpost.com/business-and-innovation/energy-and-infrastructure/article-747139. Archived from the original on 22 August 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://doi.org/10.1093/jwelb/jwad039.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230802203012/https://www.newarab.com/news/exclusive-hamas-allows-development-gas-field-gaza. Archived from the original on 02 August 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ 8.0 8.1 https://web.archive.org/web/20230728235548/https://tekmormonitor.blogspot.com/2018_03_04_archive.html. Archived from the original on 28 July 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 "Eastern Mediterranean Deepwater Gas to Europe: Not Too Little, But Perhaps Too Late" (PDF). Columbia Energy Policy. March 2023. Retrieved April 22, 2024.
{{cite web}}: CS1 maint: url-status (link) - ↑ Rettig, Elai (January 27 2024). "Striking energy deals in disputed seas: the case of the Gaza Marine gas field". Journal of World Energy Law & Business. Retrieved March 25, 2024.
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link)
