Noble To Make Investment Decision On Israel’s Gas Fields In 1 Year

3 Nov 2015   Israel

Noble Energy says it will make a final investment decision on two large gas fields in Israel in about a year’s time, a day after the country’s prime minister promised to fast-track the projects. Nov 2 (Reuters) – U.S. oil and gas producer Noble Energy Inc said on Monday it would make a final investment decision on two large gas fields in Israel in about a year’s time, a day after the country’s prime minister promised to fast-track the projects. Prime Minister Benjamin Netanyahu said on Sunday he would take control of the economy ministry – after a minister who had been holding up the plan stepped down – and give final approval to a framework deal with Noble and Israel’s Delek Group . “Yesterday’s announcement from the Prime Minister’s office is a further indication of the commitment to moving forward with gas development,” Noble’s Chief Executive David Stover […]

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