The partners overseeing Israel’s Tamar natural gas field have announced a groundbreaking decision to amplify production at the offshore site, a pivotal energy source for Israel, Egypt, and Jordan.
Field operator Chevron disclosed on Sunday that the initiative aims to elevate Tamar’s production capacity to an impressive 1.6 billion cubic feet per day, a substantial increase from its current 1 billion cubic feet.
Jeff Ewing, Managing Director of Chevron’s Eastern Mediterranean Business Unit, emphasized, “This reflects Chevron’s ongoing commitment to partnering with the State of Israel to continue development of its energy resources for the benefit of domestic and regional natural gas markets.”
Chevron outlined the second phase of expansion, involving the reinstatement of existing compressors at the onshore terminal in Ashdod and building on a prior decision to invest in a third pipeline linking the field and platform.
“Both phases of the Tamar expansion are scheduled for completion in 2025,” stated Chevron.
Tamar Petroleum, another key partner in the project, confirmed in a regulatory filing that the new investment totals approximately $24 million.
