Israel is estimated to have gas reserves of at least one trillion cubic meters.

The European Union wants to strengthen its energy cooperation with Israel in light of Russia's use of gas supplies to "blackmail" its members over the Ukraine conflict, European Commission chief Ursula von der Leyen said Tuesday.

"The Kremlin has used our dependency on Russian fossil fuels to blackmail us," she said in a speech at the Ben Gurion University of the Negev in southern Israel.

As reported by i24 News