JERUSALEM (AP) — Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel.
The deposits are expected to provide Israel enough natural gas for decades and transform the country, famously empty of natural resources, into an energy exporter. Yet selling this gas overseas will require Israel to navigate a geo-political quagmire that risks angering allies and enemies alike. Amid this uncertainty, Israel still has not formulated an export policy.
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