Commencement Of The Supply Of Natural Gas From The Leviathan Reservoir
Wednesday 8 January 2020
Delek Group refers to the regulatory filing of its subsidiary Delek Drilling (60% owned) regarding the commencement of the supply of natural gas from the Leviathan reservoir:
Further to Section 7.4.5 of the Partnership’s periodic report as of December 31, 2018, which was released on March 24, 2019 (Ref. no.: 2019-01-023982), regarding the plan for the development of the Leviathan reservoir, and in accordance with information provided to the Partnership by the operator in the Leviathan project, Noble Energy Mediterranean Ltd., the Partnership is pleased to announce that today, December 31, 2019, piping of natural gas from the Leviathan reservoir was commenced, for the supply thereof to customers with which the Leviathan partners have engaged, in accordance with agreements for the supply of natural gas from the reservoir that were signed therewith. The capacity of natural gas flow from the Leviathan reservoir is expected to ramp up gradually and accordingly, in the coming days, natural gas supply from the reservoir to Egypt will also commence.
The partners in the Leviathan project and their holding proportions are as follows:
The Partnership 45.34%
Noble Energy Mediterranean Ltd. 39.66%
Ratio Oil Exploration (1992), Limited Partnership 15.00%