Greek firm Energean on 7 December signed its latest gas sales agreement with one of Israel’s largest investment groups, Ofer, to supply 2.6 bcm/y of gas from its Karish and Tanin fields, pushing the total amount of deals to 4.4 bcm/y (see table).
Energean previously said it hoped to reach 3bcm/y of gas sales deals before taking a final investment decision (FID) and that it hoped to do so by the end of 2017. With the deals now signed, Mathios Rigas, Energean CEO says “we are aiming to progress with FID early in 2018.” (CONTINUED - 224 WORDS)