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The topsides are 102 meters long, 80 meters wide and will stand 47 meters above sea level. The platform flare boom, permitting the safe burning of gas, will stretch to 130 meters above sea level.
Cyprus, a member of the EU, says it has exclusive economic rights in the waters and Turkey's actions violate its sovereignty.
Under the deal, Egypt will pay the fine over eight and a half years to the state-owned Israel Electric Corporation.
The Leviathan reservoir developers aim to complete construction and development of the field, and begin delivering gas to Jordan, in as little as three years, the Noble Energy statement said.
By SHARON UDASIN
"It makes garden crops grow almost twice as big, and also saves on watering."
By GLOBES/IDAN RABI
The sale of Karish and Tanin is a first concrete step toward advancing Israel’s gas industry, following the recent approval of the contentious “gas outline” that rattled the sector for all of 2015.
Drilling will begin in 2016's last quarter and connect to the 282 billion-cubic-meter reservoir's infrastructure.
By MICHELLE MALKA GROSSMAN
Announcement on two new stations comes amid a rising debt for the Israel Electric Corporation and the search for alternative electricity production.
A spokeswoman for the consortium said a decision on which firm will carry out the engineering plans will be likely be made in the coming days.
"I'm a great proponent of this effort to resume diplomatic relations with Turkey."
The next step, Steinitz said during a panel discussion, is to develop the natural gas market and integrate it into the larger geopolitical picture.
Ministry approves next stage of offshore reservoir’s development.
Report lead by State Comptroller Joseph Shapira ssays aid that there are about 250-300 hazardous material incidents each year that affect the environment.
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