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Thursday, January 6, 2011

Energy noble may provide Israeli area LNG fuel correction says - Bloomberg

Noble Energy Ltd. can construct a factory of liquefied natural gas in Israel to gases in the region of Leviathan, correction fuel said, quoting Charles Davidson, President of the society.

Israel has more gas that he needs Records finds made in the Mediterranean, coast for two years by a group including the billionaire Isaac Tshuva Delek Group Ltd. and Noble, according to the energy. Construction of an undersea pipeline involves political risks in the construction of an LNG plant. Frozen fuel will then shipped in Europe and Asia, he says.

Noble can seek partners for LNG project according to the report. The Leviathan field can support two major facilities such as those developed at the Qatar, the report. Tamar and Leviathan discoveries can hold 25 billion cubic feet of gas, double reserves established in 2009, UK Noble, said December 29.

-Editors: Jane, Ching Lee, Aaron Sheldrick Shen

To contact the reporter on this story: Dinakar Sethuraman at Singapore in the dinakar@bloomberg.net

To contact the editor responsible for this story: Clyde Russell at crussell7@bloomberg.net

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