Middle East Economic Survey

VOL. LIV

No 51

19-Dec-2011

israel

ILDC Energy Launches LNG Talks With Koreas Daewoo

Israel Land Development Company (ILDC) Energy on 15 December announced that it had signed an agreement with South Koreas Daewoo Shipbuilding and Marine Engineering (DSME) subsidiary ENR concerning the installation and operation of an LNG floating production, storage and offloading facility (FPSO) for the Myra and Sarah gas fields, Israeli media reported. Drilling has yet to begin...