Partners in Israel’s Leviathan reservoir have inked an agreement to supply natural gas from the field off the Mediterranean coast to Eshkol Power Energies, in a deal worth $650 million.
The deal comes after state-owned Israel Electric Corp at the end of 2023 sold its Ashdod-based Eshkol power station to Eshkol Power Energies, a private consortium between local partners including local electricity producer Dalia Power Energies, for about NIS 9 billion ($2.45 billion).