Delek Drilling and Noble Energy have moved a step closer to meeting their ambition of exporting Israeli gas to Egypt by pipeline following a vote by Delek’s shareholders on Sunday.
Shareholders at the Israeli company’s AGM voted to prioritise investment in a pipeline linking gas fields in Israel to Egypt rather than receive dividends.
Delek, Noble’s partner in the development of the Leviathan and Tamar gas fields, will purchase a 37% stake in East Mediterranean Gas (EMG) with...
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