The partners in the Leviathan giant offshore gas project in Israel, namely Delek Drilling (45.34%), Noble Energy (39.66%), and Ratio Oil Exploration (15%), are considering developing a floating LNG (FLNG) facility to facilitate gas exports. The FLNG project would have a liquefaction capacity of 2.4 to 5 Mt/year. Partners have signed preliminary agreements with Golar LNG and Exmar LNG on FLNG plans. They will now review plans to issue a final investment decision on the FLNG and to select the company that will finance, build, operate and maintain the facility.
The Leviathan gas field was discovered in 2010 and is estimated to hold 605 bcm of gas reserves. In February 2018, Delek Drilling and Noble Energy signed a long-term gas contract to supply 64 bcm of gas from the Leviathan and Tamar gas fields to Egypt. The Tamar gas field has been operational since 2013. Once Leviathan is operational (in late 2019), partners plan to export at least 9.9 mcm/d to Egypt.
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