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Gas agreement: Noble Energy stays in Tamar and Leviathan

Energy Minister Yuval Steinitz: This is the best agreement possible; if we delay, the damage will be severe.

Israeli Gas
The outline gas agreement between the State of Israel and the gas exploration companies, chiefly Noble Energy (NBL) and Delek Group Ltd. (TASE: DLEKG), was released for publication today. It was presented at a press conference held by Minister of Energy, National Infrastructures and Water Resources Yuval Steinitz National Economic Council chairman Prof. Eugene Kandel, Israel Tax Authority head Moshe Asher, Ministry of Finance Budgets Division head Amir Levy, Petroleum Commissioner Alexander Warshavsky, Director of the Natural Resources Administration in the Ministry of National Infrastructures, Energy and Water Resources Yossi Wurzburger, and Prof. Eytan Sheshinski…

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By Lilach Weissman and Hedy Cohen

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