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  1. Israel’s Delek Drilling Eyes $2.5bn Leviathan RBL Facility

    ...so has around 26% (22% directly, 3.8% indirectly – see chart) of 11.9tcf Tamar which it is obliged to sell by end-2021 under a 2016 anti-trust ruling (MEES, 19 August 2016). The firm’s only other significant assets are 30% of Cyprus’ undeveloped 4.1tcf  2011 Aphrodite discovery (MEES, 26 June), and th...

    Volume: 63
    Issue: 29
    Published at Fri, 17 Jul 2020

  2. Algerian Gas To Italy & Spain Sees First Half Crash

    ...rst half, the lowest figure since Medgaz’ 2011 start up. Algeria is uneasy with the fact that the Moroccan section of the GME reverts to Rabat’s control next year. In anticipation of this, state-oil giant Sonatrach purchased a controlling stake in the Medgaz pipeline earlier this year and is wo...

    Volume: 63
    Issue: 29
    Published at Fri, 17 Jul 2020