Aussie
The Australian Woodside Petroleum company signed a $2.5 billion deal to enter the Leviathan gas field in offshore Israel.
Leviathan holds 453 billion cu.m. of gas. – Photo: Albatross Aerial Perspective/AP
The owners of Leviathan were in Australia this week to try to finalize a year-old non-binding deal, worth up to $2.3 billion, The Australian daily reported.
Woodside will pay more than it had originally offered to enter the gas field because its owners want to pipe much of the gas to Turkey and other regional countries. Continue Reading »
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