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Source: http://www.reuters.com/article/idUSLDE6520MK20100603?type=marketsNews
Higher Than Expected Natural Gas Reserves Found Off Israel
(Reuters)-(Jerusalem Post) Steven Scheer - U.S.-based Noble Energy reported Thursday finding much higher than expected natural gas reserves off Israel's Mediterranean coast. The consortium it leads, which includes a number of Israeli partners, raised its reserve estimate at the Tamar field by 15% to 8.4 trillion cubic feet. They said the Leviathan field had estimated deposits twice that of Tamar, which was the largest global gas find of 2009. Uzi Landau, Israel's Minister of National Infrastructure, told Channel 2 news: "We have enough gas to supply all our needs for the next 50 to 70 years."