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Development of Israel's natural gas resources: Political, security, and economic dimensions

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  • Cohen, Erez

Abstract

The natural gas reserves discovered in Israel in recent years have instigated a debate on sociopolitical, international political, security, and economic issues. Examination and analysis of various policy documents that affected the final consolidation of Israel's gas policy show that the issue of natural gas discoveries in Israel is complex and characterized by many intricacies and uncertainties that create a unique collection of problems and solution. First, there are difficulties involved in setting a time frame for the public policy designed on the topic of natural gas. Second, the work division and interaction between the government, the public, and private companies is particularly complex. Third, the taxation policy must take into account benefits for the state and its residents but at the same time maintain and preserve the incentives offered to investors and developers. Fourth, it is hard to disregard the fact that the Israeli government has chosen not to bring the decision regarding the gas outline for public debate or for review by the Knesset, and fifth, the decision about how much of the gas reserves should be preserved for domestic needs and how much exported is particularly complex.

Suggested Citation

  • Cohen, Erez, 2018. "Development of Israel's natural gas resources: Political, security, and economic dimensions," Resources Policy, Elsevier, vol. 57(C), pages 137-146.
    • Handle: RePEc:eee:jrpoli:v:57:y:2018:i:c:p:137-146
    DOI: 10.1016/j.resourpol.2018.02.011
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    Citations

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    Cited by:

    1. Sarvar Gurbanov, 2021. "Role of Natural Gas Consumption in the Reduction of CO 2 Emissions: Case of Azerbaijan," Energies, MDPI, vol. 14(22), pages 1-14, November.
    2. Wiktor Hebda, 2024. "Gas from the South, Not from Russia: The Possibility of Distributing Natural Gas from the Eastern Mediterranean to Poland and Central Europe," Energies, MDPI, vol. 17(6), pages 1-20, March.
    3. Hagit Shasha-Sharf & Tali Tal, 2023. "Energy Policy as a Socio-Scientific Issue: Argumentation in the Context of Economic, Environmental and Citizenship Education," Sustainability, MDPI, vol. 15(9), pages 1-20, May.
    4. Jun Hao & Xiaolei Sun & Qianqian Feng, 2020. "A Novel Ensemble Approach for the Forecasting of Energy Demand Based on the Artificial Bee Colony Algorithm," Energies, MDPI, vol. 13(3), pages 1-25, January.
    5. Marques, António Cardoso & Pires, Patrícia Silva, 2019. "Is there a resource curse phenomenon for natural gas? Evidence from countries with abundant natural gas," Resources Policy, Elsevier, vol. 63(C), pages 1-1.

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