GREECE: Energean signs $148.5M deal for gas exploration in Israel which could eventually become a catalyst f or other international companies interested in exploring Israel’s Mediterranean and this contract op ens the door – @AceFinanceNews

#AceFinanceNews – Sept.08: Greece’s Energean signs $148.5M deal for gas exploration in Israel

The expected purchase of Karish and Tanin gas reservoirs by the Greek oil and gas company Energean will be a catalyst for other international companies interested in exploring Israel’s Mediterranean, a source linked to the project told The Jerusalem Post on Tuesday.

Energean’s entrance into the Israeli gas industry “opens the sector,” the source said.

Energean has operated oil and gas-producing assets since 1981, and currently holds four licenses in Greece and one in Egypt. (Energean.com)

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