En­ergean-Is­rael.

Kathimerini English - - Focus -

Is­rael’s Oil Re­finer­ies (ORL) said on Sunday it is in talks to buy 17 bil­lion cu­bic me­ters of nat­u­ral gas from Greek ex­plo­ration and pro­duc­tion firm En­ergean. ORL, to­gether with Is­rael Chem­i­cals and OPC Rotem, are ne­go­ti­at­ing non-bind­ing mem­o­ran­dums of un­der­stand­ing to buy gas sup­plies from En­ergean, ORL said in a state­ment to the Tel Aviv Stock Ex­change. The deals would be the sec­ond for En­ergean for sell­ing gas from the Tanin and Kar­ish fields off­shore Is­rael. ORL did not say how much it was hop­ing to pay in the deal, which could last up to 15 years.

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