Middle East Economic Survey
VOL. LII
No 51-52
21/28-Dec-2009
israel
Noble To Sell Gas To Israels Dalia
Houston-based Noble Energy signed a letter of intent (LOI) on 15 December to sell natural gas from the Tamar field in Matan license area offshore Israel, which it operates with a 36% working interest, to Dalia Power Energies. Under the terms of the 17-year supply agreement, Noble will deliver some 200bn cu ft of natural gas to the private Israeli electricity company, with total revenues from these...
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