News Post
Leviathan partners considering LNG facility offshore Israel
The partners in the Leviathan field off Israel’s Mediterranean coast are considering building a floating liquefied natural gas (FLNG) facility to enable LNG exports, Delek Drilling said.
The partners, which include Delek and Noble Energy, signed agreements with Bermuda-based Golar LNG Ltd and Belgian-based Exmar NV to receive plans for a FLNG facility. The aim is to enter into a long-term agreement with one of these firms. that will finance, build, operate and maintain the facility if a final decision is made to go ahead with the project.
“The two companies are well positioned throughout the value chain of the LNG world and are active in the field of LNG shipping, construction and operation of floating regasification facilities (FSRU) conversion of the state of natural gas from liquid back to gas) worldwide,” said Delek, in a release. “In addition, the companies are two of the only companies in the world that have built and operate these technologically advanced FFLNG facilities,” it added.
The facility will allow liquefaction of natural gas at a capacity of 2.4-5 million tons per year. According to the plan being examined, processed natural gas will be piped from the Leviathan production platform to the FLNG facility which will be located offshore Israel, where the gas will be liquefied and transferred to LNG vessels.
“Liquefying the natural gas from Leviathan will enable us to transport it worldwide, thus reaching new export markets, mainly in Europe and in Asia,” Delek Drilling CEO Yossi Abu said. Leviathan, with 22 trillion cubic feet of reserves, is one of the world’s largest gas discoveries of the past decade.
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