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Project Insights

SPAs signed for Karish and Tanin gas supplies

Energean has signed three SPAs for gas from the Karish and Tanin fields, offshore Israel.
By Staff reporter 31 October 2017 Middle East & Africa / Exploration & Production 0 28182

Greek explorer Energean has signed three sales-and-purchase-agreements with Dorad Energy and Edeltech Group subsidiaries Ramat Negev and Ashdod Energy for gas from the Karish and Tanin fields, offshore Israel.

Dorad will purchase up to 6.75 billion cubic metres over the lifetime of the contract, which will last for at least 14 years.

Ramat Negev and Ashdod will buy a combined total of 2.65 bcm over the lifetime of their contracts, which will also last at least 14 years.

Energean has signed similar agreements with Dalia, Dorad...