We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Israel orders Energean to stop production at Karish FPSO

Mon 02 March 2026 07:25 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Energean said the Israeli government had ordered it to suspend production at its floating gas production, storage and offloading facility near the country's coast in response to the war with Iran which began on Saturday.

The middle-East and Mediterranean gas producer said it was maintaining a close dialogue with the Ministry of Energy and Infrastructure and other relevant stakeholders "to facilitate the safe resumption of production as soon as possible".

The FPSO sits over the Karish gas field about 90km offshore and is connected to Israel's national grid.

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More company news from ShareCast