Reported here:
On Jan. 18, just hours after a cease-fire began in the Gaza Strip, Israel announced the discovery of a major natural gas field off its northern Mediterranean coast.
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"This is one of the biggest finds ever, and could even turn Israel into a natural gas exporting country," predicts Yitzhak Tshuva, the majority shareholder in Israel's Delek Group (DELKG.TA), one of the partners in the offshore drilling. That would be a huge change for a country that has been nearly 100% dependent on imported oil and coal.(Thanks: StM.)