East Energy
OpenCalais Metadata: Ticker
EER
OpenCalais Metadata: LegalName
EAST ENERGY RESOURCES LIMITED
Israel starts exporting natural gas to Egypt under landmark deal
Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decades ago.
A private firm in Egypt, Dolphinus Holdings, will purchase 85 billion cubic meters (bcm) of gas, worth an estimated $19.5 billion, from Israel's Leviathan and Tamar offshore fields over 15 years.
Saudi Arabia is Interested in Boosting Trade with Bulgaria
Saudi Arabia is interested in boosting trade with Bulgaria, said Deputy Minister of Energy, Industry and Mineral Resources Dr. Aabed Al-Saadoun at a meeting with Prime Minister Boyko Borissov.