LNG

NewMed Energy, the Israeli company with stakes in the East Mediterranean gas fields like Leviathan offshore Israel and the Aphrodite field offshore Cyprus and with LNG export ambitions, reported solid earnings and steady exports to regional markets amid advances in several projects.

The Israeli Energy Ministry said four groups of companies have made bids in Israel's latest tender for offshore hydrocarbon exploration and production as interest grows in the East Mediterranean natural gas and LNG hub.