Israeli firm in potential $1.1 billion Mediterranean gas field deal with UAE ...Kuwait

The New Arab - News
Israeli firm in potential $1.1 billion Mediterranean gas field deal with UAE
Delek Drilling have hailed the potential deal as part of a 'strategic alignment in the Middle East'. An Israeli oil and gas firm has signed a non-binding agreement to sell its 22 percent stake in the Mediterranean Tamar gas field to an UAE state holding company, Reuters reported on Monday. The potential deal could see Delek Drilling sell part of the Eastern Mediterranean field to Abu Dhabi's Mubadala Petroleum for $1.1 billion. The Tamar gas field is one of Israel's key energy projects and can produce 11 billion cubic metres of gas each year. Tamar, which began production in 2013, has estimated reserves of up to 238 billion cubic metres.Delek CEO Yossi Abu hailed the two potential sale a

Hence then, the article about israeli firm in potential 1 1 billion mediterranean gas field deal with uae was published today ( ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Israeli firm in potential $1.1 billion Mediterranean gas field deal with UAE )

Apple Storegoogle play

Last updated :

Also on site :