🧑‍⚖️ ALSO 🇮🇱’s export restrictions limit gas flow in order to safeguard its national reserves. Changing these policies is a complicated process (see link re Leviathan field). Without it, this initiative may be legally constrained from the start. timesofisrael.com/israel-grant... 12/

Israel grants initial approval for additional gas exports from Leviathan reservoir

Energy minister says that more than doubling the quantity of natural gas exports will boost state revenue and improve diplomatic ties, while domestic energy needs will be secured

⁉️AND OF COURSE, we can't ignore the reality that 🇨🇾 doesn’t have local demand to sustain this pipeline alone, AND CURRENTLY THERE IS NO RE-EXPORT INFRASTRUCTURE ON THE ISLAND. Something from the reported plan's financial rationale and broader market scope is missing. 13/