Noble's discovery off Israel's shore called "historic"

02/18/2009 | Houston Chronicle (tiered subscription model)

Noble Energy estimates the natural gas it discovered 55 miles off the coast of Haifa contains 5 trillion cubic feet of gas from one field, enough to meet Israel's power needs for 15 years. National Infrastructure Minister Binyamin Ben-Eliezer said the discovery was historic and could change the economic destiny of the nation, which imports much of its oil from far-off countries.

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