Israel’s Leviathan Partners Sign Gas Export Deal With Jordan
Partners in Israel’s Leviathan field, the country’s largest natural gas reservoir, signed an export agreement with Natural Electric Power Co. of Jordan. Tel Aviv gas stocks rose.
Israel natural resources
Leviathan Partners Sign Israeli Natgas Supply Deal
The partners in Israel’s Leviathan natural gas field said on Sunday they had signed a deal to supply as much as $3 billion worth of gas to a new private power plant in central Israel. Leviathan, one of the largest
Israel, Egypt Said Nearing Compromise on Natural Gas Dispute
Bloomberg reports: Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal.
Dead Sea Oil Reservoir ‘Entirely Within Israel’ Says Company
The Times of Israel reports: An Israeli company authorized to drill an oil reservoir near the Dead Sea, recently evaluated to contain NIS 1.2 billion worth of fuel, stressed Sunday that the area is located entirely inside Israel, which it said was a response to Arab media reports that the site stretched into Palestinian territory.
Claim: Dead Sea Well in Israel Contains Oil Worth $322 Million
TEL AVIV – An oil well near the Dead Sea is worth NIS 1.2 billion ($322 million), a new report released Sunday by Israel Opportunity Energy Resources LP claimed.
Gas Bombshell: Netanyahu’s Gas Policy Struck Down By High Court
The Jerusalem Post reports: The High Court of Justice on Sunday struck down Prime Minister Benjamin Netanyahu’s flagship natural gas policy, but suspended formally striking the law for a year so he and the Knesset can adjust the 10-year freeze
Energy Minister To Approve Natural Gas Pipeline Plan In Cabinet
The Jerusalem Post reports: The cabinet is expected to approve Energy, Infrastructures and Water Resources Minister Yuval Steinitz’s plan next week to connect Israel’s off-shore natural gas reserves to land. The plan, known as National Master Plan (TAMA) 37-H, calls for
Netanyahu Defends Natural Gas Deal in Israeli Supreme Court
JERUSALEM, Feb. 14 (UPI) — Israeli Prime Minister Benjamin Netanyahu made an unprecedented appearance in his country’s Supreme Court Sunday to defend a controversial natural gas extraction deal with U.S. and Israeli investors. The deal, signed in December between Israel
Israeli Court Opens Hearings on Contentious Offshore Gas Deal
JERUSALEM (AFP) – Israel’s Supreme Court began hearings Wednesday on a contentious natural gas deal aimed at tapping major reserves in the Mediterranean that could lead to important shifts in the region’s energy supplies. The deal between the Israeli government and a
Noble Manager: Gas From Israel’s Leviathan Could Reach Markets By Late 2019
Partners in Israel’s Leviathan natural gas field should reach a final investment decision by the end of 2016 if government and regulatory approvals are granted as hoped, an official of the companies involved said. That would enable the first gas
Egypt To Pay Israel $1.76 Billion For Halting Gas Supplies
Israel Electric Corp , Israel’s state-owned electric utility, said on Sunday Egyptian natural gas companies will pay compensation of $1.76 billion for halting gas supplies. Egypt had been selling natural gas to Israel under a 20-year agreement, but the deal
Egyptian Company Wants Israeli Gas As Soon As Possible
As the the debate in Israel over a controversial deal to extract gas out of off-shore fields rages on, an Egyptian company has expressed intense interest in purchasing the coveted resource from Israel as soon as possible. An official at
