Israel's Leviathan partners in talks to sell natgas to Egypt plant
The partners in Israel's Leviathan giant natural gas field said on Sunday they signed a non-binding letter of intent with BG Group to export gas BG's liquefied natural gas (LNG) plant in Egypt.
The parties are holding talks to reach a deal under which Leviathan will supply 7 billion cubic metres annually for 15 years via an underwater pipeline, the partners said in a statement. An energy source in Tel Aviv said such a deal would be worth about $30 billion. (Reuters)
