(From M2 Equity Bites)
M2 EQUITYBITES-March 15, 2012-Noble Energy Inc signs gas sales agreement with Israel Electric Corporation (C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
Energy company Noble Energy Inc (NYSE:NBL) said on Wednesday that it has entered into an agreement to sell natural gas from the Tamar field, offshore Israel in conjunction with its partners.
The customer is Israel Electric Corporation Limited (IEC).
Pursuant to the 15-year agreement, IEC is expected to purchase about 2.7tn cubic feet (Tcf) of natural gas, which will be …