Levant LNG signs agreement with Gazprom subsidiary on negotiation of sales of LNG produced offshore Israel
Green Car Congress
FEBRUARY 27, 2013
executed a Heads of Agreement (HOA) with Gazprom Marketing and Trading Switzerland AG (GM&T CH), a subsidiary of Russian gas major Gazprom, in which the parties agreed to negotiate in good faith a binding agreement for the sale of the LNG to be produced at the Floating LNG (FLNG) facility offshore Israel. These companies are the owners and producers involved in the discovery of significant natural gas resources in the Tamar and Dalit fields offshore Israel.