Delek Drilling revises up Leviathan production forecast

• Date: 11 March 2021
• Author: Globes correspondent
• Published date: 11 March 2021

In the second half of 2020, the Leviathan Partners sold 4.2 billion BCM of natural gas, 5% more than the forecast that had been published. According to Delek Drilling, revenue from the Leviathan field should be $1.7 billion in 2021, of which Delek Drilling's revenue should be $760 million.

Delek Drilling CEO Yossi Abu said, "The continuing increase and stabilization in the actual amount of gas exports to Egypt alongside the rise in demand on the domestic market, have led to a revision upwards in the forecast for sales and production from the Leviathan reservoir...