It is not often that a business can say that its actions and operations have changed the course of history. The story of NewMed Energy is an example of such a rare case.
NewMed Energy works to bring independent and readily available energy to the residents of the Eastern Mediterranean, energy which will lead to an immense reduction of pollutant and greenhouse gas emissions, energy which will succeed in building bridges for collaboration between the Middle East countries – energy which changes reality.
Through its relentless pursuit of achievement and excellence, NewMed Energy has been a key partner in all of the huge discoveries made in the Israeli exclusive economic zone (EEZ), primarily the Leviathan reservoir.
NewMed Energy's vision is also one of widespread regional collaboration. In this context, NewMed Energy has promoted agreements for the export of natural gas from its reservoirs to customers in various Middle Eastern countries. The natural gas from Leviathan currently serves as a key source of energy for Israel, Egypt, and Jordan, shifting the regional energy map on a daily basis and helping such countries to reduce the use of polluting fuels such as coal and diesel.
In the coming years, NewMed Energy aims to continue its historic journey.
We are making a tremendous effort on promoting and developing alternative energies and new technologies that will enable hydrogen production and carbon capture and storage, alongside increasing investment in renewable energy projects.