What is it about?
Gas supply from Egypt to Israel has been erratic since its initiation and became more so after the Egyptian 2011 revolution. • Recent gas discoveries in Israel exceed domestic demand and will turn Israel into a net energy exporter. • CGE simulations show that an increasing import price for gas from Egypt causes the Israeli economy to retract by only 0.2%. • Exploiting new gas fields in Israel leads to economic growth and higher household welfare, with the poor benefitting most.
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This page is a summary of: No more gas from Egypt? Modeling offshore discoveries and import uncertainty of natural gas in Israel, Applied Energy, December 2014, Elsevier,
DOI: 10.1016/j.apenergy.2014.09.019.
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