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Noble Energy Inc
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Howard Weil 37th Annual Energy Conference
| Charles D. Davidson | Page 15 of 11 |
November 23, 2024
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"Howard Weil 37th Annual Energy Conference"
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15 Israel – Gas Markets Long-term growth expectations f Robust Market for Monetizing Natural Gas Resources ? Conversion to gas-fired electric power continuing ? Industrial customers – chemical, refinery, paper mill, desalination ? Expanding infrastructure f Market Incentives for Natural Gas ? Price and costs competitive ? Environmental issues ? Supply security ? Financial benefit to state f Global Gas Values Continue to Improve ? Regional prices tied to liquids values 0 200 400 600 800 1,000 1,200 2004 2007 2010 2013 2016 2019 MMc f / d Source: Israeli MNI Natural Gas Demand Mari-B 2008 Gas Sales