web analytics
April 21, 2015 / 2 Iyar, 5775
At a Glance
Sections
Sponsored Post


Israel Corp, Tamar Oil Partners Sign $4 Billion Gas Contract

Israel Corp. and the Tamar partners signed a $4 billion contract on Sunday, agreeing that Noble Energy, Delek Group, Isramco and Alon Natural Gas Exploration would provide for Israel Corp’s gas needs.

The deal turned Israel Corp into Israel’s second largest natural gas consumer, after the Israel Electric Company.

Though Israel Corp will be needing $10 billion worth of gas, the deal is for the short term, in anticipation of the entrance of competing gas suppliers, including Leviathan.

The deal will enable Israel Corp subsidiaries Israel Chemicals, Oil Refineries Ltd. And OPC Rotem to buy 16-20 billion cubic meters of gas from the Tamar field.

The deal comes after the collapse of an agreement between Israel Corp and an Egyptian gas provider following the fall of President Hosni Mubarak.

About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.


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.

3 Responses to “Israel Corp, Tamar Oil Partners Sign $4 Billion Gas Contract”

  1. Geri Levine says:

    GO DELEK!!!!!! Go IsraOIL! WOOOOOOHOOOO!

  2. Geri Levine says:

    GO DELEK!!!!!! Go IsraOIL! WOOOOOOHOOOO!

  3. Tim Upham says:

    Turkey wants to be a customer, so hopefully this business deal with heal relations between the two countries.

Comments are closed.

Current Top Story
Rav Aharon Lichtenstein
Republished: My Rebbe Rav Aharon Lichtenstein Is Awarded the Israel Prize 2014
Latest Sections Stories
Schonfeld-logo1

The teenage years are not about surviving. They are about thriving.

Twenties-041715-Hat

Every moment was a gift. I held each one, savoring.

Teens-Twenties-logo

We arrived in Auschwitz on Thursday, January 30, 2014. My seminary was taking us to see where the prisoners were kept. When we got there, I stepped off the bus in complete and total silence. I was in the back, and when we got to the gate I hesitated and started shaking uncontrollably. I couldn’t […]

From the moment Israel was declared a Jewish state, it has been the subject of controversy and struggle.

Now that Pesach is over, we return you to your regularly-scheduled pressing questions:   Dear Mordechai, Can I use a nose hair trimmer during Sefirah? Harry Lipman   Dear Harry, Yes, as long as your nose hairs are so bad that they’re affecting your job. Like if you have a desk job, and they interfere […]

It is very natural for kids to want attention and to be jealous of each other, especially when there is a new baby.

During the Second World War, a million and a half Jewish soldiers fought in the Allied armies, the Partisan units in Eastern Europe, and the anti-fascist underground movements in Western Europe and North Africa. These Jewish fighters won over 200,000 medals and citations. The Museum of the Jewish Soldier in World War II in Latrun, […]

The 2-day real estate event will take place in Brooklyn on April 26 and 27.

She wasn’t paying attention to what the child did when the mother was not in the room. Rather, her main focus was on what the child did when the mother returned.

The Mets at least have hope for the future with some good young pitchers.

French thinkers of the Enlightenment were generally not pro-Semitic, to say the least.

My Jewish star was battered, indeed it was a wreck
But I picked it up anyway and put it around my neck
To know that hatred mangled it was surely very painful
But just the same to me it is still very beautiful.

A compulsion is a repetitive action. But what underlies the compulsion is an obsession or fear.

More Articles from Malkah Fleisher
Godzilla (R.)

A green bell pepper affectionately dubbed “Godzilla” by the children of Moshav Ein Yahav in the northern Arava desert has won a place in the Guinness Book of World Records.

Though the permissibility of watching hired sports players go to battle in a large stadium is a source of controversy amongst Torah observant Jews, the food being served at the upcoming Super Bowl games in New Orleans is not.

Rabbi Yitzchok Moully, youth director at the Chabad Jewish Center in Basking Ridge, New Jersey, will be introducing a new art installation in honor of Tu B’Shevat, the Jewish New Year of Trees, inspired by the destruction of Hurricane Sandy.

More than 2,000 people have made contributions in memory of the young victims of the school shooting in Newtown, Connecticut to plant a grove of trees in Israel.

Shoshana Hebshi, a half-Jewish, half-Arab woman from Ohio is suing Frontier Airlines, the FBI, TSA and other governmental agencies after she says she was forced off a flight, strip-searched, and imprisoned on the tenth anniversary of the World Trade Center attacks.

Women may enter military combat in the United States, following the lift of a military ban on women in combat by defense secretary Leon Panetta.

The Jewish National Fund will reconsider a plan to forest parts of the Arava desert, following the request of environmental organizations to consider the impact of trying to alter the native ecosystem.

Russian Foreign Minister Sergei Lavrov warned Israel and western countries not to attempt to stop Iran’s nuclear program through military means.

Printed from: http://www.jewishpress.com/news/israel-corp-tamar-oil-partners-sign-4-billion-gas-contract/2012/11/26/

Scan this QR code to visit this page online: