Noble Energy Sees Israeli Gas Discoveries Starting in Five Years
- Final investment decision for one or both could happen in 2017
- Noble sees Tamar project moving forward before Leviathan
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Noble Energy Inc. expects to formally approve at least one natural gas development in waters off the coast of Israel by the end of next year.
Gas would probably begin to flow from one or both of the discoveries three to four years after Noble’s board makes so-called final investment decisions, or FIDs, Chief Executive Officer David Stover said during a conference call with analysts and investors on Monday.