Leviathan Partners Cement $150M Gas Agreement with Haifa Group
Tuesday, 24 September 2024, 07:22
Leviathan Partners and Haifa Group Gas Deal Details
The partners in Israel's Leviathan offshore gas field - NewMed Energy, Chevron Mediterranean, and Ratio Energies - have signed a $150 million agreement with Haifa Group. This collaboration is set to enhance the efficiency and capacity of gas production in the region.
- NewMed Energy holds a 45.34% stake in the gas field.
- Chevron Mediterranean owns 39.6%.
- Ratio Energies contributes significantly to the project's overall strategy.
With energy demands rising, this deal not only boosts local production but also highlights the importance of partnerships in driving successful outcomes in the sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.