Tamar Partners Find New Gas

The Tamar Partners have announced a small but significant natural gas discovery near the Tamar field.

The Jerusalem Post, citing a statement given to the Tel Aviv Stock Exchange on Wednesday, has reported that the new reservoir, called Tamar Southwest, is expected to contain about 0.7 trillion cubic feet, or about 19 billion cubic meters, of natural gas.

While it is still too early to reveal an investment decision for gas production on the new field, the discovery increases the amount of proven gas in the Israeli market, stressed the partners.

Tamar Southwest, as its name indicates, is located southwest of the much larger Tamar field and southeast of the even larger Leviathan field.