Israel Electric signs $700m Leviathan gas deal

    Delek Drilling LP (TASE: DEDR.L ) announced today that the Leviathan partners have signed a deal with the Israel Electric Corporation (IEC) (TASE: ELEC.B22 ) to sell 4 billion cubic meters of natural gas over two years. The deal is worth an estimated $700 million. The announcement said that the supply of the natural gas will begin when gas starts flowing from the giant offshore Leviathan gas field in the final quarter of 2019 […]

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