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Israel has moved one step closer to becoming an exporter of natural gas after Australia’s Woodside Petroleum agreed to purchase 25% stake in the country’s gigantic Leviathan offshore gas field for $2.71 billion.

The deal came through after months of anticipation with the Australian gas giant agreeing to pay more than it had originally offered. It may be recalled that the company had in principle agreed to pay $1.25 billion for a 30% stake in the huge East Mediterranean field in December 2012.

Woodside Energy Ltd signed a non-binding memorandum of understanding (MoU) with the Leviathan partners led by the Houston http://www.cheapcroatiasoccerjerseys.com/ante-coric-jersey/ , Texas-based Noble Energy Corp, which will remain the project's main partner with a 30 percent stake.

The other partners – Delek Drilling, Avner Oil Exploration and Ratio Oil Exploration – will sell one quarter of their stakes to Woodside, which is regarded as a global leader in the development of liquefied natural gas (LNG).

In a statement released by Leviathan http://www.cheapcroatiasoccerjerseys.com/andrej-kramaric-jersey/ , the partners expressed confidence that Woodside’s rich experience will provide a significant boost for the company. For Woodside, the project is in line with its strategy to diversify outside of Australia. In addition to the Leviathan partnership, the Australian company is also considering projects in Myanmar and Ireland.

Leviathan is estimated to hold about 19 trillion cubic feet (540 billion cubic meters) of natural gas. Despite the rather lucrative prospect of gas exports, it’s believed that the gas field will initially be developed to serve the domestic market and exports will become more likely only after the local supplies are up and running.

The project is expected to produce 800 million cubic feet of gas per day with the first gas expected in 2017.

Meanwhile http://www.cheapcroatiasoccerjerseys.com/ , in a related development, representatives from the Israeli gas company met with members of the British Gas Group in Cyprus to discuss the possibility of exporting gas to Egypt. The Leviathan partners also signed their first export deal worth $1.2 billion with the Palestinian Power Generation Company in January this year.

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Israel Moves Towards Becoming a Natural Gas Exporter: Aus Co. to Purchase Stake in Israeli Gas Field

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Care Packages Ideas For A Loved One April 25, 2013 | Author: Cherry Mercer | Posted in Food & Beverage
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The soldiers in the camp would actually be more than thankful to receive whatever little thing their loved ones could send over. In a way, their families should be happy that they can ease the pain a bit. There are also caring groups that give some help to soldiers deployed in camps.



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It would help to come up with good care packages ideas if the people sending it personally know the soldier. There are Soldier’s Angels who also adopt them and give them these things. It would be nice to include encouraging words as well as these can really brighten up their day. Their conditions are not exactly the best and some good words could make them feel real good.



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