–
The Delek Group controlling shareholder’s meeting with Woodside is not believed to concern the Leviathan gas reserve.
Yitzhak Tshuva, controlling shareholder in Delek Group Ltd. (TASE: DLEKG), and Gideon Tadmor, CEO of Delek unit Avner Oil and Gas LP (TASE: AVNR.L), are in Australia and are due to meet the management of Australian gas and oil exploration company Woodside Petroleum (ASX: WPL), as well as managers of other Australian energy companies.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
It is believed that the talks with Woodside will not be about resurrecting its plan to invest in Israeli gas reserve Leviathan, and they have been described as being “for general purposes” only. Woodside had been due to buy 25% of the rights in Leviathan for $2.71 billion, but the deal fell through in May this year, amid some acrimony.
Tshuva and Tadmor are now armed with gas contracts with Jordan and Egypt, and have traveled to Australia to examine other possibilities of cooperation in the energy business.
Published by Globes [online], Israel business news – www.globes-online.com
