LNG

NewMed Energy, the Israeli company with stakes in the East Mediterranean gas fields of Tamar and Leviathan offshore Israel and with LNG export ambitions, has published its annual results showing pipeline gas continued to flow to the Israeli domestic market and to Egypt and Jordan even after the outbreak of war in Gaza in October 2023.

NewMed Energy, the Israel company formally known as Delek Drilling, said it was considering a floating liquefied national gas plant to further develop the Leviathan gas field offshore Israel in the East Mediterranean amid other gas developments in the region.