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FINANCIAL NEWS
Jordan signs USD10b gas export deal with Israel
27 Sep 2016
(MENAFN) Israel Leviathan natural gas field signed USD10bn deal in order to supply 1.6tr feet of gas to Jordan”s National Elect Power Co.
Moreover, the 15-year deal for Leviathan, which holds 22 feet of gas, should help the US-Israeli group secure funds to bring it online.
Additionally, shares in the Israeli partners, which involve Ratio Oil, Delek Group and its subsidiaries Avner Oil and Delek Drilling were halted by Tel Aviv Stock.
Last year, Israel confirmed plans for a 15.5 kilometer pipeline near the Dead Sea to export gas to Jordan.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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