Israel Approves Gas Field Development Offshore Gaza Strip

Israel has decided that the Gaza Marine natural gas field offshore Gaza should be developed, subject to security coordination with the Palestinian Authority and Egypt, Israel’s government said on Sunday. “In the framework of the existing efforts between the State of Israel, Egypt and the Palestinian Authority (PA), with emphasis on Palestinian economic development and maintaining security stability in the region, it has been decided to develop the Gaza Marine gas field off the coast of Gaza,” the Israeli Prime Minister's Office…