Special to WorldTribune.com

TEL AVIV — Israel has reported another major natural gas reserve in
the Mediterranean Sea.
Israel’s Delek Group said it found significant quantities of gas at the
offshore Karish-1 well, located 75 kilometers northwest of Haifa.

Delek, which holds a 53 percent interest, said tests conducted at Karish, located in the Alon C basin, would be released by mid-July 2013.

“This is proof of the power of the Israeli gas industry and of the great
gas potential that exists off the coast of Israel, and we must keep up the
momentum,” Delek Drilling chairman Gideon Tadmor said.

The announcement on late May 15 followed an earlier report of additional
gas in the Leviathan energy block, believed to contain 535 billion cubic
meters. Executives said Karish-1 could contain 57 billion cubic meters of
gas.

  Alon C basin, Delek Drilling, Karish-1 well, Mediterranean, New gas reserves found off coast of Israel