Insight
Israel launches first offshore licensing round
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Israel is offering 24 offshore blocks in its first ever bid round. The blocks on offer in the gas prone Levant basin includes acreage near the giant Tamar and Leviathan discoveries as well as near the Egyptian maritime border, close to Eni’s Zohr discovery. We expect constrained demand in Israel and the lack of clear export routes to dampen investors' enthusiasm for the round, despite excellent prospectivity.
Table of contents
- 24 blocks in a prolific basin with market risk
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Terms and conditions
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Timeline
- Data available
- Pre-qualification
- Bid evaluation and sincerity fees
- Prospectivity analysis
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Economic analysis
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Fiscal regime
- Gas policy and commercialisation challenges
- Costs and field size key to value
- Round expectations
- Appendix
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Fiscal regime
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Timeline
Tables and charts
This report includes the following images and tables:
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Attractive fiscal terms, but limited route to market24 blocks on offer in the Levant basinMap of offered acreage
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Licensing round scheduleBiddable parametersDiscoveries and success rateCumulative volumes discoveredFiscal benchmarking of comparable termsWindfall profits taxImpact of price and cost on investor returnsImpact of price and size on investor returnsDevelopment assumptions
- 1 more item(s)...
What's included
This report contains:
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