Azerbaijan's SOCAR completes acquisition of 10% Israel's Tamar natural gas field stake

Good news! West Asia invests in Israel during difficult times. 

"... The Tamar gas field, which is 90 kilometers west of Haifa in the Mediterranean, was discovered in 2009 and production began in 2013. The reservoir's current production capacity is 10.3 billion cubic meters (BCM) annually and its gas reserves are estimated at 291.5 BCM. ..."

Azerbaijan's SOCAR completes acquisition of 10% Tamar stake - Globes "SOCAR is paying Aaron Frenkel $1.25 billion for the stake in the Israeli offshore gas field."