The agreement will come into effect in two weeks, when Supergas will sell Tamar gas to its customers.
Supergas Ltd. has signed an agreement with the Tamar gas field partners to purchase NIS 530 million worth of natural gas. The agreement will come into effect in two weeks, when Supergas will sell Tamar gas to its customers.
Supergas is a unit of Azrieli Group Ltd. (TASE: AZRG), held through Granite Hacarmel Investments Ltd. The Tamar gas field is owned by Noble Energy Inc. (NYSE: NBL), Delek Group Ltd. (TASE: DLEKG), Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L), and Alon Natural Gas Exploration Ltd. (TASE: ALGS).
Published by Globes [online], Israel business news - www.globes-online.com - on July 11, 2013
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