Israeli Court Upholds Karish-Tanin Plans
Greek producer Energean said May 3 that a petition against its Karish-Tanin gas development has been dismissed by the Israeli Supreme Court.
The petition was filed by Hof Hacarmel regional council against the Israeli Ministry of Energy, the Petroleum Commissioner (which approved the development in August 2017), two planning and construction authorities, Energean Israel, and an environmental union of local authorities for Sharon-Carmel, in connection with the Karish-Tanin development.
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Hof Hacarmel covers the coastal area south of Haifa and north of Caesarea.
Energean said it can now proceed with planned delivery of gas in 2021 to the Israeli market from Karish-Tanin, adding that the development is "on track with its project milestones to achieve this timeline."
It took the final investment decision to proceed with the Karish-Tanin development in March 2018, having secured finance and equity funding for the project, and having signed twelve Gas Sale & Purchase Agreements with significant industrial consumers in the Israeli market for a total of 61bn m3 of natural gas over an average period of 16 years.