Leviathan nets new deal

ISRAEL'S Delek Group and US independent Noble Group have announced a further 140 billion cubic feet per annum, 10-15 year gas sales agreement for gas from the giant offshore Leviathan field to Egypt's Dolphinus Holdings.

It is the third significant gas sales agreement for the long-stalled $8 billion, 22 trillion cubic feet Leviathan development, which is targeting first gas as early as 2019.