Delek Group proposes gas pipeline from deepwater Leviathan to Cyprus

Delek Group’s gas partnerships have applied to export natural gas to Cyprus through a pipeline from Israel’s deepwater Leviathan field.

Offshore staff

TEL AVIV, Israel – Delek Group’s gas partnerships have applied to export natural gas to Cyprus through a pipeline from Israel’s deepwaterLeviathan field.

The aim is to supply 0.7-0.95 bcm/yr (24.7-33.5 bcf/yr). Deliveries could start in early 2016 and finish at the end of 2022, with options to extend until the end of 2025.

However, this would depend on the development schedule for Leviathan and agreement between the bidders and the Cypriot government no later than Aug. 21, 2014.

04/17/2014

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