Tel Aviv - Delayed Quote ILA

Tamar Petroleum Ltd (TMRP.TA)

2,482.00

-64.00

(-2.51%)

At close: January 30 at 5:24:48 PM GMT+2

Chevron (CVX) and Partners to Invest $24M in Tamar Gas Field

Chevron (CVX) is set to invest $24 million to bolster the natural gas production capacity of the Tamar gas field, off the coast of Israel.

Zacks 11 months ago

TMRP.TA
-2.51%
CVX

OII
Partners in Israel's Tamar gas field agree to further expand production

The partners in Israel's Tamar natural gas field said on Sunday they agreed to expand production at the offshore site, which is a major energy source for Israel and also supplies Egypt and Jordan. Field operator Chevron said the move will increase Tamar's production capacity to up to 1.6 billion cubic feet per day, from a current 1 billion cubic feet. This "reflects Chevron's ongoing commitment to partnering with the State of Israel to continue development of its energy resources for the benefit of domestic and regional natural gas markets," said Jeff Ewing, Managing Director of Chevron's Eastern Mediterranean Business Unit.

Reuters 11 months ago

TMRP.TA
-2.51%
CVX

Performance Overview

Return	TMRP.TA	TA-125
YTD	+8.81%	+4.50%
1-Year	+37.92%	+32.37%
3-Year	+269.84%	+23.74%