Israeli State Comptroller Matanyahu Englman also noted that the IDF has failed to have proper naval defenses for natural gas rigs.
Despite being rich in oil and gas fields, Iraq has been importing most of its gas from Iran, placing it in a risky economic and security situation.
The first cargo has been transferred from the company's Karish field platform and sold as part of a multi-cargo marketing agreement with Vitol.
“At some point the Israeli market is going to be totally saturated and the gas is going to have to go somewhere else; That's clearly not happening in the next few years.”
Iran lacks the technology and infrastructure to develop its massive natural gas reserves.
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