World

Israel says to begin production at disputed gas field "ASAP"

Sep 20, 2022

Jerusalem [Israel], September 20: Israel announced Monday it will start to produce natural gas from a disputed Mediterranean maritime field "as soon as possible," despite U.S.-brokered border demarcation talks between Israel and Lebanon.
"The production of gas from the Karish rig will commence without delay, as soon as it is possible," Israeli Prime Minister YairLapid's office said in a statement, adding the production "is not connected to the negotiations (with Lebanon)."
Israel claimed that the Karish field is located within its economic zone while Lebanon claims in disputed waters. According to a report on Israel's state-owned Kan TV news, the negotiations have entered their "final stages" in the past few days.
"Israel believes that it is both possible and necessary to reach an agreement on a maritime line between Lebanon and Israel, in a manner that will serve the interests of the citizens of both countries," the Prime Minister's Office said.
Such an agreement will be "greatly beneficial and strengthen regional stability," it added.
Source: Xinhua

More news

Ruskle Secures Seed Funding from DLabs at the Indian School of Business

New Delhi [India], April 18: Ruskle, the pioneering brand in flavored rusks for tea time snacking, today announced that it has raised INR 25 Lakhs in seed funding from DLabs at the Indian School of Business, through the Startup India Seed Fund Scheme (SISFS). This investment marks a significant milestone for Ruskle, propelling its expansion pan-India (especially ithe Northern markets) and solidifying its position as a frontrunner in the snacking industry.

Apr 18, 2024