Tag: Tamar gas field

The gas flow was temporarily halted on October 10, three days after the start of the war against Israel launched by Gaza's ruling Hamas terrorist organization.

With the purchase, Frenkel became the main shareholder in the company together with Eli Azur, who holds another 23.7 percent.

Export volumes will be set only after all the needs of the Israeli economy are met, according to the NewMed Energy CEO.

An Egyptian company will buy 85 billion cubic meters of gas, worth an estimated $19.5 billion, from Israel’s Leviathan and Tamar offshore fields in the Mediterranean Sea over a period of 15 years.

The Delek Group's attempts in recent years to sell its stake in Tamar a number of different ways have failed.

Noble and Delek, who own pieces of the Tamar and Leviathan natural gas fields located in the Israeli Mediterranean waters, plan to start service to Egypt in 2020.

The estimated revenue from both contracts, as reported last year by the partners in both reservoirs, is about $15 billion, with about half the money going into Israel's state coffers in royalties and taxes.

Fifty-four percent of Israel’s electricity production is from Tamar natural gas.

These warships will be tasked with protecting Israel's Economic Exclusion Zone with Israel's offshore natural gas rigs.

Egypt introduced daring legislation and innovative, flexible pricing models to launch their gas export industry.

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

Italian Eni energy firm has discovered natural gas in Egypt's Nile Delta. Will Israeli gas still be needed?

You know it's summer when Tel Aviv comes out to protest. This time it was a new gas deal.

Texas-based Noble Energy is the field's operator.

Egypt is to receive 4.5 BCM (billion cubic meters) each year for 15 years, valued at 1.1 to 1.3 billion dollars a year.

Israel’s Central Bureau of Statistics (CBS) announced that the Israeli economy grew at an annual rate of 5.1 percent in the second fiscal quarter...