The Israeli energy ministry said all of Israel’s energy needs will continue to be met despite the shutting down of Tamar.
The startup is part of the three-phase development of five gas fields.
The amendment would add about 1,400 square km to the exclusive economic zone claimed by Lebanon in its original submission to the United Nations.
Delek owns a 22% stake in Tamar, which it is required to sell by year-end under a government framework to open the sector to competition.
Here’s a snapshot of recent energy deals including the closing of the $465 million acquisition of Williston Basin private operator Bruin E&P by Enerplus plus a merger agreement between Houston-based oilfield services provider Frank’s International and Expro Group.
Here’s a snapshot of recent energy deals including the closing of Riley Exploration Permian’s all-stock merger with Tengasco plus Chevron’s $1.32 billion buyout of Noble Midstream.
The new pipeline would have an annual capacity of about 10 Bcm, according to the Israeli energy minister.
Development of the Aphrodite gas field in Cypriot waters has been held up because a small part of it stretches into Israel’s maritime zone and another gas field there. The Cypriot field was first discovered in 2011.
Energean said on Jan. 21 there were delays in increasing the workforce building its FPSO vessel in Singapore, which was due to sail to Israel toward the end of the third quarter.