Leviathan Signs USD 35B Gas Deal
The Leviathan gas field partners—Chevron, NewMed Energy, and Ratio Energies—have signed a major amendment to their export agreement with Blue Ocean Energy, a private Egyptian company, increasing gas export volumes by 130 billion cubic meters (BCM). The revised deal is valued at USD 35 billion, making it one of the largest cross-border energy transactions in Israel’s history.
The Leviathan field, a strategic offshore asset, will now play an even more central role in regional energy supply, strengthening economic ties between Israel and Egypt while reinforcing the Eastern Mediterranean’s role as a key energy corridor.
Agmon with Tulchinsky represented the Leviathan consortium, with legal work led by Dan Hacohen, Eddie Ashkenazi, Rebecca Baskin Zafrir, and Mai Ben Atar.
Read more in Globes.
