Israeli Offshore LNG in Gazprom's Mix for Asian Markets

JOHANNESBURG--March 4, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Gazprom OAO (OTC:OGZPY) (Moscow, Russia) has agreed to buy liquefied natural gas (LNG) from Israel's Tamar offshore gas field, which lies 80 kilometers off Israel's west coast city of Haifa. The deal, which took a year of negotiations, will cover the annual purchase of 4.2 billion cubic meters of LNG over 20 years by Gazprom.

Other companies featured: Noble Energy Incorporated (NYSE:NBL)