EMG, Israel Electric Corp. Finalize $6B Gas Sale Agreement

Ampal-American Israel Corporation has been advised by East Mediterranean Gas Co. ("EMG"), in which Ampal has a 12.5% interest, that Israel Electric Corporation ("IEC") has received all of the required approvals for the coming into force of a certain Amendment to the Gas Sale Agreement signed by EMG and IEC on September 17, 2009.

The total contracted gas supply to IEC is approximately 42 BCM and the total value of the contract is approximately $6 billion.

 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Field Materials Coordinator x 4 - CO
Expertise: Materials Management
Location: Fort Lupton, CO
 
Dry Plant Lead Operator/Dry Plant Operator III/Dry Plant Operator
Expertise: Refinery / Plant Operations Supervisor|Refinery / Plant Operator
Location: Kermit, TX
 
Wet Plant Operator III / Wet Plant Operator II
Expertise: Maintenance Technician|Refinery / Plant Operator|Supply & Distribution
Location: Kermit, TX
 
search for more jobs

Brent Crude Oil : $53.87/BBL 0.48%
Light Crude Oil : $50.73/BBL 0.79%
Natural Gas : $3.33/MMBtu 2.14%
Updated in last 24 hours