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Israel expected to increase natural gas drilling in 2023

Faithful to his past energy policies and on the backdrop of the global energy crisis, Prime Minister-designate Benjamin Netanyahu is likely to expand exploration for natural gas off Israel's shores.

JACK GUEZ/AFP via Getty Images
A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on Aug. 29, 2022. — JACK GUEZ/AFP via Getty Images

Previous governments headed by returning Prime Minister Benjamin Netanyahu promoted the development of natural gas fields in Israel's economic waters, to some opposition within the country. The incoming Netanyahu government is expected to resume these efforts.

Netanyahu knows that like Israel, Cyprus, Greece and Egypt are also searching for solutions for increasing energy exports to Europe, including expanding reserves and export capacities.

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