VOL. XLVII
No 06
09-February-2004
ISRAEL
Isramco Boosts Stake In Israels Med Ashdod, Med Yavne Offshore Blocks
Israeli exploration company Isramco is set to acquire 7.8% stakes in the Med Ashdod and Med Yavne offshore exploration blocks after a decision by Clal Industries and Investments to pull out of gas exploration, the Globes newspaper reported on 27 January (for map of Israels offshore blocks, see MEES, 8 November 1999). Gas exploration drilling on Med Ashdod and Med Yavne has failed to find...
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