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ISRAEL AT WAR - DAY 424

Leviathan gas field

View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
October 7, 2024, 6:53 pm
Chevron suspends work on expansion of Leviathan gas field due to the escalating war
Operator of Israel’s offshore reservoir halts infrastructure plans until April 2025; construction was intended to boost production for export and domestic supply
By Sharon Wrobel
The Leviathan natural gas platform off the shore of Israel. (Albatross)
June 26, 2024, 5:01 pm
Israel grants initial approval for additional gas exports from Leviathan reservoir
Energy minister says that more than doubling the quantity of natural gas exports will boost state revenue and improve diplomatic ties, while domestic energy needs will be secured
By Sharon Wrobel
Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)
May 23, 2024, 7:58 pm
Leviathan partners ink $650 million natural gas deal to supply Eshkol power plant
The new contract is for the supply of natural gas to operate the Ashdod-based power plant owned by private Israeli electricity producer Dalia Power Energies
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
October 29, 2023, 11:54 pm
Amid ongoing war, BP and Eni among firms awarded gas exploration licenses in Israel
Energy Ministry says a total of 12 licenses have been given to six companies, four of which are new players in the exploration of natural gas off the country’s Mediterranean coast
By Sharon Wrobel
An Israeli Navy Sa’ar 6-class corvette guards the Energean floating production, storage and offloading vessel at the Tamar gas field, in an image published by the military on April 23, 2023. (Israel Defense Forces)
August 29, 2023, 8:22 pm
Natural gas royalties jump 23%, top NIS 1 billion in first half of year
Israel expects to collect a total of NIS 2 billion from gas and other natural resources royalties in 2023 as additional exports to Egypt okayed
By Sharon Wrobel
View of the Israeli Leviathan natural gas field gas processing rig as seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90/File)
July 2, 2023, 6:58 pm
Energy companies to build third pipeline from Israel’s Leviathan gas field
NewMed Energy, Chevron Mediterranean Limited and Ratio Energies teaming up on plan to boost production capacity from about 12 billion to 14 billion cubic meters per year
By AFP
The Leviathan natural gas platform off the shore of Israel. (Albatross)
March 28, 2023, 3:14 pm
UK’s BP teams up with Abu Dhabi state oil group to buy 50% of Israel’s NewMed Energy
Offer values NewMed, a key stakeholder in Israel’s Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a ‘testament’ to Israel-UAE ties
By Sharon Wrobel
Israel's offshore Leviathan gas platform. (Albatross)
March 19, 2023, 4:38 pm
Leviathan group, in push to boost gas output, updates reservoir value to $12.5b
Sales from offshore gas reservoir in 2022 rise to $2.5 billion; partners have plans to increase annual gas supply by about 2 BCM with new subsea pipeline expected in 2025
By Sharon Wrobel
Installations at the Zohr natural gas field off Egypt's coast. (YouTube screen shot)
January 15, 2023, 6:55 pm
Chevron says it discovered ‘significant’ natural gas find off Egypt’s coast
The operator of Israel’s Leviathan and Tamar gas fields says exploration at Egyptian offshore field in the Eastern Mediterranean Sea ‘encountered high-quality reservoirs’
By Sharon Wrobel
Wind turbines in Jordan, November 2021. (RnDmS via iStock by Getty Images)
August 17, 2022, 3:07 pm
Israeli companies tout big plans to develop renewable energy projects in MENA
NewMed (formerly Delek Drilling), developer of Leviathan and Tamar gas fields, and Enlight Energy to make push for green energy generation in region, including Saudi Arabia, Oman
By Ricky Ben-David
A general view of the only electrical plant that generates electricity in the central Gaza Strip, June 27, 2019. (AP Photo/Hatem Moussa)
January 22, 2022, 1:48 pm
Qatar signs financial deal to ensure natural gas supply to Gaza power plant
Weeks after pledging cash to build pipeline connecting Israeli gas facilities with Strip’s only electrical plant, Doha agrees to set up escrow account with electricity company
By ToI Staff
View of the Israeli Leviathan gas field gas processing rig as it seen from Dor Habonim Beach Nature Reserve, on January 1, 2020. (Flash90)
January 15, 2022, 10:30 pm
Israel said to secretly ink unprecedented deal to supply gas to Lebanon, via Jordan
Unsourced TV report says agreement brokered by US envoy will see natural gas piped through Syria, is partially designed to provide Lebanese with an alternative to Iran
By ToI Staff and Agencies
A photo taken on June 24, 2019 shows raw sewage flowing near the main Gaza Strip power plant, serving the Hamas-run Palestinian territory, south of Gaza City. (Photo by MOHAMMED ABED / AFP)
December 27, 2021, 12:43 am
Qatar, PA advance deal to supply Gaza power plant with Israeli natural gas
Qatari envoy pledges $60 million to build pipeline connecting Israeli gas facilities with Gaza’s only electrical plant; but final deal and implementation could still be years away
By ToI Staff
The Leviathan gas field gas processing rig near the city of Caesarea, on January 31, 2019. (Marc Israel Sellem)
May 31, 2021, 1:46 pm
Israel reportedly set to ease export quotas of natural gas
An inter-ministerial committee recommends increasing exports from 40% to 52% of total yearly production and imposing no export curbs on fuel from new fields
By Shoshanna Solomon
In this Tuesday, Sept. 29, 2020 file photo, Israel's offshore Leviathan gas field is seen from on board the Israeli Navy Ship Lahav during a rare tour in the Mediterranean Sea, Israel. (AP/Ariel Schalit)
March 15, 2021, 6:46 pm
With gas alliance moored to Turkey tensions, Israel tacks toward energy security
While the launch of the EastMed gas forum saw some internal spats, deals are coming together to counter Ankara’s bid to horn in on resource; though the tide may be changing
By Lazar Berman
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