Leviathan

Chevron and partners approve Leviathan expansion to boost Israel gas output

The Final Investment Decision aims to increase capacity to approximately 21 BCM annually through new wells and platform upgrades.

|ByJERUSALEM POST STAFF
Jack Baker, managing director of Chevron’s Eastern Mediterranean region.
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Long-awaited gas export deal with Egypt to be signed 'in days,' source tells 'Post'

The agreement, valued at $35 billion, will enable the export of gas from Israel’s Leviathan reservoir to Egypt through 2040.

|ByAMICHAI STEIN
Energy and Infrastructure Minister Eli Cohen.

INGL announces Israel's new deal to export natural gas to Egypt via two billion shekel pipeline

The planned length of the new line (Ramat Hovav–Ashalim–Nitzana) is about 65 km., and will allow the transfer of approximately six billion cubic meters (BCL) of natural gas per year to Egypt. 

|ByJERUSALEM POST STAFF
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Israel signs record $35 billion gas export deal with Egypt

NewMed, which leads the Leviathan Partnership, described the deal as “the most significant move since the discovery of gas reserves in Israel.”

|ByPESACH BENSON/TPS

Israel-Egypt gas deal gets a boost as shares soar

“The agreement is a further proof of the important economic cooperation between the two countries and the tremendous positive impact that these relations have on both economies."

OCTOBER 3, 2019ByROSSELLA TERCATIN
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