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Israel Seeks First LNG Terminal Builder

Publication Date: 6/25/2009
Author: Neal Sandler
Format: HTML

Description:
The joint tenders committee of Israel’s National Infrastructure and Finance Ministries has issued an international prequalifiying tender for an offshore liquefied-natural-gas receiving terminal. The build-own-transfer tender is one of the largest issued in recent years by the by the State of Israel. The target date set for the operation of the terminal is October 2013. The decision to proceed with the terminal is part of the government’s policy to guarantee natural gas supplies to the local economy which has been rapidly switching to gas in recent years.

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