Greece’s Energean Oil and Gas announced on 25 June that it has signed a Detailed Agreement with Israel Natural Gas Lines (INGL) for the hand over of the near shore and onshore part of the infrastructure that will deliver gas from Israel’s Karish and Tanin FPSO into the Israeli national gas transmission grid. An Memorandum of Understanding with INGL was signed in December 2018.
According to Energean, a consideration, INGL will pay Energean 369 million Israeli New Shekels, approximately $102 mi...
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