Israel, once energy poor, is expected to become a gas exporter by the end of the decade, with the Tamar field holding enough reserves to meet the country's gas needs for decades, Reuters stated.
The discovery in 2009 led to an exploration frenzy in the Levant basin, which is shared between Israel, Cyprus and Lebanon. The uncovering of a second bigger find, Leviathan, prompted Israel to set up a natural gas wealth fund.
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