No 30



IEC Starts Talks With Yam Thetis On Additional Gas Sales

State-owned Israel Electric Corporation (IEC) announced on 17 July it had started negotiations with Yam Thetis, the company developing the offshore Mari gas field, for additional quantities of gas over and above existing volumes it has contracted to supply the state utility. Yam Thetis signed a sales agreement in June 2002 to supply IECs 1,200mw Eshkol power station at Ashdod with 157mn cf/d of gas for 11...