Jordan secures $10 billion contract for gas from Israel’s Leviathan field

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Source: UPI

A Jordanian power company has agreed to a take-or-pay scheme tied to the imports of natural gas from the Leviathan field offshore Israel, Noble Energy said.

Noble said it executed a gas sale and purchase agreement worth an estimated $10 billion with a Jordanian power company to source about 300 million cubic feet of gas from the Leviathan field offshore Israel for the next 15 years. It’s the first such agreement for the Leviathan field.

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