[Ha'aretz] Amiram Cohen - During the 1960s, Britain emerged from an economic crisis when it discovered large oil and gas deposits in the North Sea. This year, Israel discovered its own North Sea in the Mediterranean in two undersea gas fields, called Tamar and Dalit. Searches at as many as 20 other offshore sites are expected to accelerate. But even if there are no more finds, the deposits already uncovered have transformed Israel, guaranteeing gas reserves for at least two decades. In addition, electricity companies will no longer rely on coal-fired power plants.
2009-04-14 06:00:00Full ArticleBACK Visit the Daily Alert Archive