Friday, January 17, 2025

Shell Mulls 15-Year Deal for Israeli and Cypriot Gas, Delek Says

From Bloomberg (Bloomberg) — Royal Dutch Shell Plc is weighing a 15-year contract to buy natural gas for its liquefied natural gas plant in Egypt from offshore fields in Cyprus and Israel. Shell is in talks to purchase 6 billion cubic meters of natural gas a year from the Aphrodite field, located in Cypriot waters, according to Delek Drilling LP’s