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I have a suspicion that this might have something to do with the large Leviathan Gas field find off the coast of Israel along with some recent finds.

https://www.haaretz.com/largest-natural-gas-reserve-discover...

The reserve, Leviathon, is the largest amount of natural gas discovered in the world in the last decade and is located in approximately 5,400 feet (1,645 meters) of water, about 130 kilometers offshore of Haifa and 29 miles (47 kilometers) southwest of the Tamar discovery.

It would certainly make sense for Israel to get into the generation business and sell power to others. The country is too small to otherwise make use of 16 trillion cubic feet of NatGas for personal consumption. I was also under the assumption they were building a gas pipeline to Europe.




there is another project, the eastMed pipeline for the transfer of natgas to europe




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