London-based Greek firm Energean announced this week that it has added a further 1.4bcm/y of gas sales deals to its 2.2tcf Karish field offshore Israel, taking total sales to 7bcm/y, just 1bcm/y shy of the Energean Power FPSO’s 8bcm/y capacity.
The latest deal enters effect with Karish start-up, which Energean confirmed in its 1H 2020 results on 10 September, pushed back to 2H 2021 (MEES, 12 June). The majority of the 1.4bcm/y under the new deal will go to the newly privatized 1.14GW Ramat Hovav CCGT power plant. The remaining, unspecified quantities will be supplied to existing power plants which are affiliated to the Ramat Hovav partnership which teams together private Israeli firms Edeltech and Shikun & Binui. (CONTINUED - 185 WORDS)