Leviathan signs preliminary natgas deal with Egypt
The partners in Israel's massive offshore natural gas field Leviathan have signed a preliminary deal to supply gas to Egypt via an existing underwater pipeline to the Sinai peninsula.
The agreement would supply Egypt's Dolphinus Holdings with up to 4B cubic meters of gas a year for 10-15 years.
Leviathan (expected to begin production in 2019-2020) is owned by a group led by Texas-based Noble Energy (NYSE:NBL) and Israel's Delek Group (OTCPK:DGRLY).
Previously: Israel to fast-track development of Leviathan (Nov. 01 2015)
