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Electricity prices

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Israel's Offshore Leviathan Field Starts Pumping Gas
January 2nd, 2020 - 12:51 GMT

Israel's Offshore Leviathan Field Starts Pumping Gas

Israel's offshore Leviathan field started pumping gas on Tuesday in what the operating consortium called "a historic turning point in the history of the Israeli economy." A joint statement from partners Noble Energy, Delek Drilling, and Ratio said that the start of production was expected to lead to an immediate reduction in domestic electricity prices and the start of exports. On December 17, Israeli Energy Minister Yuval Steinitz announced approval ...
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