Israel's Shemen Gets Okay For Offshore Oil Drill
Receives approval to drill for oil off Israel's southern Mediterranean coast from Defense Ministry, military paving way for operations at Yam-3 drill to begin
Shemen plans to drill in relatively shallow water 16 km off the coast of Ashdod, a major port that is also home to a naval base and one of Israel's two oil refineries.
Israel currently imports nearly all of its crude oil, mainly from Russia.
Posted by: trailing wife 2012-07-30 |