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Let's watch the effect of taxes from the deal on Israel's own energy market. At the moment, a gallon of gas still costs Israeli motorists around $6.8 – most of which are taxes.
The Partnership intends to finance its share in the Leviathan Reservoir development costs, inter alia, through credit from a consortium of local and foreign finance providers
The development partners of the Leviathan gas field are planning to start the pipes flowing by 2019.
Oil prices in the U.S. dropped to around $27 per barrel last week, worrying investors and raising the hopes of those who placed their bets on the Leviathan gas field in Israel.
An Israeli-Turkish consortium has signed the first contract for natural gas with the Leviathan development group.
A new natural gas reservoir has been discovered off the coast of Israel, about the same size as the Tamar gas field.
At last, the developers of the Leviathan natural gas field have inked a preliminary deal with Egypt; terms of a final deal are to be negotiated "soon."
The Israeli government has reached a deal on natural gas development with the Noble Energy - Delek Ltd. consortium.
“For the sake of Israel’s security, it should keep the natural gas it has found in the country, and convert everything it can to operate on gas.”
The Security Cabinet unanimously decided it is of decisive importance to move quickly to develop and expand the natural gas fields that have been discovered off Israel's coasts.
US Secy John Kerry turns out to be a helpful shareholder in Israeli natural gas exploration group partner Noble Energy.
Israeli government considers forcing an end to partnership between Delek and Noble Energy groups on the Leviathan and Tamar natural gas fields; other investors are watching - and waiting.
Israel became an energy producer for the first time today, after closing a deal to export natural gas from Leviathan gas field to Jordan.
Now, Noble Energy and Delek can sell the offshore fields and avoid being labeled a cartel.
Israel has received good news from the energy sector: Leviathan gas field is 16% bigger than previously expected.
The government can expect to rake in billions of dollars from natural gas exports in the next 20 years, claimed Yitzchak Tshuva, controlling shareholder...
The operator of Australia’s Pluto liquefied natural gas project, Woodside Petroleum, will buy a 30 percent share in Israel’s Leviathan natural gas field for $2.5 billion, becoming a strategic partner in the drilling.
Recent news of a massive natural gas well have turned eyes on Israel’s struggle to adopt an energy policy in the wake of its first-time gas wealth. Trying to measure the value of energy independence against short-term profits, Israel has shown that its unexpected blessing comes with a price.