Greece's Energean Raises $500 Million for Israeli Gas Project

(Reuters) Ron Bousso and Shadia Nasralla - Greece's Energean Oil & Gas listed on the London Stock Exchange on Friday, raising nearly $500 million to develop two Israeli offshore gas fields. The Karish and Tanin fields have potential reserves of up to 2.4 trillion cubic feet of natural gas and 32.8 million barrels of light oil and condensate. Energean expects first gas from Karish in 2021.


2018-03-16 00:00:00

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