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  • Delek Drilling : Commencement of the piping of natural gas from the Leviathan reservoir
    édité le 02/01/2020 - Plus de news de "Delek Drilling" - Voir la fiche entreprise de "Delek Drilling"


Delek Drilling : Commencement of the piping of natural gas from the Leviathan reservoir
Further to Section 7.4.5 of the Partnership’s periodic report as of December 31, 2018, which was released on March 24, 2019 (Ref. no.: 2019-01-023982), regarding the plan for the development of the Leviathan reservoir, and in accordance with information
provided to the Partnership by the operator in the Leviathan project, Noble Energy Mediterranean Ltd., the Partnership is pleased to announce that today, December 31, 2019, piping of natural gas from the Leviathan reservoir was commenced, for the supply thereof to customers with which the Leviathan partners have engaged, in accordance with agreements for the supply of natural gas from the reservoir that were signed therewith. The capacity of natural gas flow from the Leviathan reservoir is expected to ramp up gradually and accordingly, in the coming days, natural gas supply from the reservoir to Egypt will also commence.

Caution regarding forward-looking information:

The above estimate regarding the date of commencement of supply of gas from the Leviathan project to Egypt, constitutes forward-looking information, within the meaning thereof in the Securities Law, 5728-1968, the materialization of which, in whole or in part, is uncertain, and which may materialize in a materially different manner, due to various factors beyond the Partnership’s control.

The partners in the Leviathan project and their holding rates are as follows:
- The Partnership : 45.34%
- Noble Energy Mediterranean Ltd. : 39.66%
- Ratio Oil Exploration (1992), Limited Partnership : 15.00%

About Delek Drilling

Delek Drilling is the leading Israeli energy partnership in the exploration, development, production and sale of natural gas and condensate.
Delek Drilling is partner in several major gas discoveries in the Eastern Mediterranean including, among others, Tamar (306 billion cubic meters - BCM), Leviathan – the largest deep water discovery in the world at that time (621 BCM), Aphrodite in Cyprus (129 BCM), and others.


Origine : Communiqué Delek Drilling

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