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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
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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