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Leviathan partners in Israel to invest $568 mln in third gas pipeline

Leviathan partners in Israel to invest $568 million in 3rd gas pipeline

Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.

Israel To Get Third Pipeline From Leviathan Offshore Gas Field

The new project is expected to boost production capacity from 12 billion cubic meters to nearly 14 billion cubic meters per year - Click the link for more details.

Owners of Israel s Leviathan reservoir secure $568 million gas pump deal

With an estimated budget of approximately $568 million, this crucial development is aimed at meeting the growing demand for natural gas both domestically in Israel and in the wider region.

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