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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessIsraeli Gas Finds Upgraded
Energean has made a commercial gas discovery at its Zeus exploration well - off the coast of Israel, and upgraded the Athena discovery from previous estimates.
• Preliminary estimates indicate that Zeus holds 13.3bcm of gas, just above pre-drill estimates, according to the company.
• Findings for Athena have been upgraded from 8bcm to 11.75bcm.
• Athena could be linked to the floating production and storage vessel (FPSO) Energean uses to send gas to the Israeli market from its flagship Karish field.
• In late October, Energean began production from the Karish field and has been ramping up production. Volumes are expected at 6.5bcm/yr, four to six months following the first gas.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.