With Shell looking to offload its operating stake in the Gaza Marine field, development offshore Gaza is unlikely anytime soon. Security risks are a constant reality, leaving hopes for 24/7 electricity dead at sea.

Shell never announced plans to develop its 1tcf Gaza Marine discovery, which it inherited after acquiring British firm BG Group in 2016, and the Anglo-Dutch major now wants out of offshore Gaza altogether.

A Shell spokesman told Reuters earlier this month that it is in...