Edison In Talks To Buy Israeli Gas Fields – Report

“Reuters” reports that the Italian energy giant is in talks to buy Noble and Delek’s stakes in the Karish and Tanin fields.

OIL gas

Italian energy giant Edison S.p.A (BIT. EDN) is in talks to buy the Karish and Tanin gas fields from Noble Energy Inc. (NYSE: NBLDelek Group Ltd. (TASE: DLEKG), two sources with knowledge of the negotiations told “Reuters.” The two fields are estimated to hold up to 70 billion cubic meters of natural gas.

“Reuters” said that Edison was not immediately available for comment.


Published by Globes [online], Israel business news – www.globes-online.com

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