Full coverage· Economy· Updated
NewMed Energy Cancels $6.7 Billion Gas Deal with Dalia Energies
NewMed Energy and Ratio have canceled a $6.7 billion gas supply deal with Dalia Energies, citing approval delays. Dalia Energies disputes the cancellation, claiming all terms were met and vowing legal action. The deal involved gas from the Leviathan field, and its cancellation may be linked to global market changes.
2 newsrooms · 2 languages · since
Plus
What happened
- 01NewMed Energy and Ratio canceled a $6.7 billion gas deal with Dalia Energies.
- 02Yitzhak Tshuva, controlling shareholder of Delek Group, is linked to the cancellation.
- 03Dalia Energies disputes the cancellation, citing timely approvals and vowing legal action.
- 04The deal involved gas from the Leviathan field starting in 2030.
- 05Market estimates suggest global gas market changes may have influenced the decision.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link below.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- Centre2
- RightNone
- HarediNone
- ArabNone
