Israel’s Edeltech seeks deal for more natural gas from Leviathan
The partners in Israel’s giant natural gas field Leviathan said on Tuesday they have signed a non-binding letter of intent to supply natural gas to Edeltech, an Israeli private power provider.
The two sides are negotiating terms of a potential binding deal, which would include the supply of 14.8 billion cubic meters of gas over 17 years, the Israeli partners Delek Drilling and Avner Oil said in a statement.
Delek Drilling and Avner each hold 22.67 percent of Leviathan, while Texas-based Noble Energy owns 39.66 percent.
Such a deal would be in addition to a supply deal signed between the Leviathan partners and Edeltech a year ago.