Delek
Gas from Israel's Leviathan could reach markets by late 2019: Company
Partners in Israel's Leviathan natural gas field could 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 from the field to reach markets by the last quarter of 2019, Bini Zomer, the Israel country manager for Noble Energy, said on Jan. 31.
Leviathan partners to sell $1.3 bln in gas for Israel power plants
The partners in the Leviathan natural gas find off Israel's Mediterranean coast signed a deal to sell about $1.3 billion worth of gas over 18 years to Edeltech Group and its Turkish partner for power plants they plan to build in Israel.
Israeli firms in talks to buy natural gas from Leviathan
The partners in Israel's offshore Leviathan natural gas site said on Jan. 7 they were in talks to supply gas to a number of Israeli companies.
In a statement to the Tel Aviv Stock Exchange, units of Delek Group said the firms were private electricity producers and industrial companies but did not offer further details.
Israel approves natural gas exports to Egypt
Israel's government has given the go ahead to begin exporting natural gas to Egypt, signaling a potential improvement in relations between two countries which have been at loggerheads over energy supplies.
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Israel government approves major offshore gas deal
The Israeli government on Aug. 16 approved a major deal with a consortium including US firm Noble Energy on natural offshore gas production in the Mediterranean, the prime minister's office said.
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Consortium declares Greek Cyprus gas find commercially viable
Greek Cyprus announced on June 7 that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration.
Cyprus gas field commercially viable; pipeline to Egypt planned
Cyprus got a fillip over the weekend when partners exploiting a natural gas field off the island announced that the Aphrodite field is viable and could yield up to eight eight billion cubic meters (bcm) a year.
The news also included plans for the construction of a pipeline to Egypt, Reuters reports out of Jerusalem.
France's Total to press on with Cyprus oil and gas search
French energy giant Total will press ahead with its search for oil and gas off the coast of Cyprus, officials announced on Wednesday, weeks after the company indicated it might withdraw.
The announcement came following the signing of a deal by Energy Minister Giorgos Lakkotrypis and Total?s Cyprus operations chief Jean-Luc Porcheron, Cypriot officials said.
US, Israeli gas field control nixed over monopoly fears
Israel's Antitrust Authority said Dec. 23 that U.S. giant Noble Energy and its Israeli partner Delek would not be able to continue holding offshore gas field Leviathan over monopoly concerns.
The decision, pending a confirmation hearing, effectively dismantles the monopoly held by Noble and Delek over Leviathan and Israel's smaller offshore gas findings.
Cyprus gas firms raise reserve estimate
The reserve estimate for the Aphrodite natural gas field off the coast of Cyprus has been raised by 12 percent, and most of the gas is likely to be exported, Israeli firms involved in the project said.
The new estimate given for the natural gas field is 4.54 trillion cubic feet (tcf).
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