Energy security of Israel and energy cooperation between Israel and the European Union

Abstract

ObjectivesThere are two major objectives. The first objective of the paper is to critically analyse the energy security of Israel and assess the prospects for the future. The second objective is to consider the prospects for the future energy cooperation between Israel and the European Union.MethodsThe main objective of this report is to verify this thesis by either demonstrating that it is true or by rejecting it. To answer the two questions and to support the thesis, the study includes a critical analysis of a selection of relevant materials, which include other research papers from academic journals, press articles, and reliable websites that focus on the topic. The report starts with a short introduction into the lates developments that may affect the energy security of the state of Israel.ResultsIsrael and the EU, this may open new perspectives and lead to attaining energy security by the European Union. This, to some extent, confirms the thesis that has been assumed for this research: The discovery of the new gas fields has significantly enhanced Israel's energy security and may also contribute to improve the energy security of the European Union.ConclusionsIn conclusion it may be observed that the discovery of the new gas field has significantly enhanced Israel's energy security in terms of Israel's own gas consumption, especially in view of the lates political situation in Europe and the war in Ukraine.