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Jordan's Nepco Tenders for 2018 LNG Imports
Jordan’s state power firm Nepco has tendered to buy up to 32 LNG cargoes for delivery during 2018. Bidders may bid for one of more of the following options: 16 cargoes…
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Noble Energy Eyes Leviathan Payout in Four Years
US explorer Noble Energy expects its revenues from Leviathan to generate an operational cash flow of $650mn/yr from the first year of production, the company said in a…
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Canada's Questerre Ups Exposure to Jordan's Oil Shale
Canadian Questerre Energy has signed an agreement with Whitehorn Resources which gives the former an option to acquire over 280 km² prospective for oil shale in Jordan,…
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Jordan's Oil Shale Plant Reaches Financial Close
Middle East countries are continuing to look at heavier fossil fuels, rather than solely natural gas, to expand their thermal power generation capacity. In Jordan, the Attara…
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Partners Approve Israel's Leviathan Field
Leviathan Partnership has taken the final investment decision (FID), Delek Drilling said in a February 23 filing to the Tel Aviv Stock Exchange. The announcement came three days…
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Delek Group Signs Leviathan Loan
Delek Drilling and Avner, the two entities controlled by Delek Group, signed February 20 loan agreements for up to $2.5bn with a consortium of more than 20 Israeli and…
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Leviathan FID Faces Risk of Indefinite Delay
The next two weeks could be crucial for the Leviathan gas field development as the operator, Noble Energy, is due to publish its annual report February 14 and its planned…
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Jordan Imported Over 5bn m³ of LNG in 2016
Jordan imported 8.6mn m³ of LNG cargoes at -160 deg C, official Petra News Agency reported January 8 citing government data. That represents the regasified…
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Norway Fund Excludes More Utilities over Coal
Norway’s central bank said December 21 it has decided to exclude 15 more companies from the government’s $865bn oil fund for having not reduced coal production or…
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EBRD Supports Mideast Gas, But Developer Backs Coal
The European Bank for Reconstruction and Development (EBRD) is providing a $95mn loan for the construction of a 485 MW modern gas-fired power plant in Jordan costing $460mn. …
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Kuwait IWPP Up and Running: Engie
Kuwait’s $1.7bn Azzour North One independent water and gas-fired power project (IWPP) has started full commercial operations, French firm Engie said December 12. Local…
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JP Morgan, HSBC to lead Leviathan financing for Delek Group
Israeli firms Delek Drilling and Avner Oil Exploration announced November 27 they had signed commitment letters with UK bank HSBC and US bank J.P. Morgan for financing the…
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Energy-short Jordan adds to security
Adding to Jordan’s LNG import facility comes a cross-border pipeline gas contract between its power generator and the partners in the eastern Mediterranean Leviathan field.…
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Israel Relaxes After First Export Deal
Israel energy minister Yuval Steinitz celebrated the first natural gas export contract from Israel, signed September 26 between the Leviathan Partnership and Jordanian power…
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Israel's Leviathan Signs Jordan Sales Contract
The Leviathan partnership has signed its first export contract, the buyer being Jordanian national electricity company Nepco. Delek Drilling and Avner announced the deal in a…
