Leviathan Operators Eye Gas Output Boost ...Middle East

OILPRICE - Economy
Leviathan Operators Eye Gas Output Boost
source : OILPRICE ( Middle East ) () 59
The companies operating the Leviathan gas field offshore Israel plan to increase the production capacity of the project substantially, from 12 billion cubic meters annually at the moment to as much as 21 billion cubic meters. Per a Reuters report quoting NewMed Energy, one of the partners, the expansion would require an investment of some $2.4 billion. The final capacity target for the operators is a production capacity of 23 billion cubic meters, the report said without mentioning a date. The short-term target is to boost capacity to 14 billion…

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