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The Israeli Ministry of Energy has announced the resumption of operations at the Karish natural gas platform, instructing Energean to restart work. This decision comes after a period of regional tensions, indicating an improvement in the situation.
Israel has announced the resumption of operations at the Karish gas platform following a ceasefire agreement with Iran. This decision comes at a sensitive time marked by increasing tensions in the region.
The Israeli Ministry of Energy announced today the resumption of operations at the Karish natural gas platform, located off the Mediterranean coast. This decision follows a ceasefire agreement between the United States and Iran, allowing activities to restart after a halt since February 28.
The closure of the Leviathan and Karish gas platforms has resulted in an estimated loss of <strong>$95 million</strong> per week for the Israeli economy. This crisis comes at a sensitive time as the country faces rising electricity costs and declining gas exports.