Energean signs Israeli gas supply deals

Energean has signed 1.4bn cm/y gas supply agreements with the Ramat Hovav power station in Israel. Combined, the agreements increase total firm contracted gas sales from Energean Israel’s flagship Karish project to approximately 7bn cm/y on plateau.

The company is now looking to secure further contracts with the aim of filling the 8bn cm/y capacity of the Energean Power floating production, storage and offloading (FPSO) vessel. First gas is expected in 2H2021.