Delek Group proposes LNG plant in Cyprus to process massive natural gas finds offshore Israel

By Phaedra Friend Troy

According to a report from Reuters, Israeli energy investment firm Delek Group has proposed the construction of a liquefied natural gas (LNG) processing facility in Cyprus.

The LNG facility could support the recent natural gas finds offshore Israel, including Leviathan and Tamar.

The Middle East Economic Survey (MEES) reported that Delek proposed to the Cypriot government that it build an LNG facility that could both receive, as well as process natural gas into LNG.

Delek officials would not comment on the report.

Delek holds interest in the massive natural gas finds, including Noa, Mari-B and Tamar, operated by Noble Energy Inc. (NYSE:NBL) offshore Israel.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs