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May 24, 2013
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Gas discoveries give Israel new regional clout -minister

TEL AVIV (Reuters) – Israel’s newfound natural gas reserves will boost its regional clout and could help it improve ties with neighboring states in need of new energy sources, Energy Minister Silvan Shalom said.

Once totally dependent on fuel imports, Israel has made the largest gas discoveries in the world over the past decade off its Mediterranean coastline, and is expected to become an exporter by the end of the decade.

    • About Crispian

      "Crispian Balmer is bureau chief for Israel and the Palestinian Territories. In 20 years with Reuters he has reported from more than 20 countries, covering everything from Hurricane Katrina to the Tsunami and the Balkans conflict. Previous assignments included lengthy spells as chief correspondent in Paris and Rome."
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