Leviathan-Cyprus gas negotiations extended

Offshore staff

TEL AVIV, Israel – Delek Group’s gas subsidiaries have accepted a request by the Cypriot government-owned gas company DEFA concerning potential gas supplies through pipelines from the Leviathan field offshore Israel.

DEFA has asked for the period of validity of the proposal to be extended by three months to July 31, 2015.

Accordingly, Delek expects the commercial examination process and negotiations with the bidders are expected to continue in the near future.

04/22/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...