Partners in the Leviathan natural gas project offshore Israel plan to start gas production by yearend 2019. Stage 1A of the development plan has a proposed budget of $3.5-4 billion with estimated capacity of 12 billion cu m of gas/day, according to reports from Delek Group subsidiaries Delek Drilling Ltd. and Avner Oil Exploration Ltd.
Partners in the Leviathan natural gas project offshore Israel plan to start gas production by yearend 2019. Stage 1A of the development plan has a proposed budget of $3.5-4 billion with estimated capacity of 12 billion cu m of gas/day, according to reports from Delek Group subsidiaries Delek Drilling Ltd. and Avner Oil Exploration Ltd.
In September, NBL Jordan Marketing Ltd., a wholly owned subsidiary of the Leviathan partners, announced a plan to supply as much as 45 billion cu m of gas at the Jordan-Israel border to National Electric Power Co. of Jordan (OGJ Online, Sep. 26, 2016).
Noble Energy Inc., which operates Leviathan field with a 39.66% interest, said in September it had signed contracts with Israeli buyers for 100 MMcfd of Leviathan gas.
Delek Drilling and Avner Oil Exploration hold 22.67% interests each. Ratio Oil Exploration (1992) LP holds 15%.
