Israel’s Leviathan Partners Sign Gas Export Deal With Jordan
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Partners in Israel’s Leviathan field, the country’s largest natural gas reservoir, signed an export agreement with Natural Electric Power Co. of Jordan. Tel Aviv gas stocks rose.
The partners, including Noble Energy Inc. and Delek Drilling-LP, will supply a gross 1.6 trillion cubic feet of natural gas from the Leviathan field over a 15-year period, Noble said in a statement. Gross contract revenue is estimated to be about $10 billion.