Latest update: February 8th, 2012
On Sunday evening, Delek and its partners in Israel’s Tamar gas field signed a $5 billion gas supply contract with Dalia Power Energies Ltd. Under the contract, the gas field will supply Dalia Power with 1.38 billion cubic meters of gas for 17 years.
The Tamar partnership is also expected to sign additional supply contracts in the upcoming weeks with refineries in Haifa and Ashdod.
Dalia, building what will be the largest private power station in Israel, is slated to begin receiving gas in the second half of 2014. Israel views the entry of private power producers as the remedy to a market monopolized by the state-owned Israel Electric Corp.Jewish Press Staff
About the Author:
If you don't see your comment after publishing it, refresh the page.
Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.
If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.