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Tamar Partners Sign Letter Of Intent To Supply Gazprom With LNG

JERUSALEM -(Dow Jones)- The Israeli partners in the offshore Tamar natural gas field said Thursday that they have signed a letter of intent to sell liquefied natural gas to a unit of Russian energy giant OAO Gazprom (GAZP.RS). The partners, which include Delek Group Ltd. (DLEKG.TV) subsidiaries Avner Oil Exploration (AVNR.L.TV) and Delek Drilling LP (DEDR.L.TV) , didn't say how much gas Gazprom would want to buy, and said the price would be based on the market price of natural gas in Asia. The Tamar underwater field contains an estimated 9 trillion cubic feet of natural gas and is scheduled to begin production next year. The Tamar partners have already signed several contracts to supply Israeli-based customers, including the state-owned electric company, with natural gas once production begins. Avner and Delek Drilling said a contract with Gazprom wouldn't limit its ability to meet Israel's natural gas needs. At 1250GMT, shares of Delek Drilling were up 0.09 shekels, or 0.7%, at ILS13.94 ($3.68), and shares of Avner were up ILS0.013, or 0.5%, at ILS2.518, in a lower Tel Aviv market. U.S.-based Noble Energy Inc. (NBL) owns 36% of Tamar. -By Sara Toth Stub, Contributing to Dow Jones Newswires, saratoth@gmail.com

Stock News for Noble (NBL)
DateTimeHeadline
12/06/201616:49:23Current Report Filing (8-k)
12/02/201618:00:47Statement of Changes in Beneficial Ownership (4)
12/02/201617:59:53Statement of Changes in Beneficial Ownership (4)
12/02/201617:57:38Statement of Changes in Beneficial Ownership (4)
12/02/201617:53:45Statement of Changes in Beneficial Ownership (4)
12/02/201617:51:18Statement of Changes in Beneficial Ownership (4)
11/18/201616:15:00Noble Energy to Present at Upcoming Energy Conference
11/16/201607:52:39Current Report Filing (8-k)
11/16/201607:00:00Noble Energy Provides Long-term Outlook and Highlights U.S. Onshore...
11/16/201606:01:00Cone Gathering LLC Sells Additional Interest in Pipeline and...
11/16/201606:00:00CONE Midstream to Acquire Remaining 25% Additional Interest in...
11/04/201606:45:00CONE Midstream Reports Third Quarter Results and Increases Guidance
11/03/201616:15:10Statement of Changes in Beneficial Ownership (4)
11/02/201611:18:20Quarterly Report (10-q)
11/01/201617:21:04Current Report Filing (8-k)
11/01/201616:38:29Noble Energy Announces Strong Outperformance With Third Quarter...
11/01/201616:10:13Statement of Changes in Beneficial Ownership (4)
10/31/201606:49:00CONE Midstream Anticipates Continued Growth Following Separation...
10/31/201606:45:00CONSOL Energy and Noble Energy, Inc. Announce Agreement to Separate...
10/26/201617:00:00CONE Midstream Increases Quarterly Cash Distribution

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