Israel sends first oil export to Europe from offshore field

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Israel sends first oil export to Europe from offshore field

(Bloomberg) – Israel exported oil for the first time, sending a shipment to Europe from Energean Plc’s offshore Karish field.

While the country began sending natural gas abroad several years ago, its oil production has never been significant. The Karish deposit in the eastern Mediterranean Sea is Energean’s flagship project and has been pumping gas since last year. Read full article HERE

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