IPM Beer Tuvia Power Plant

Overview:

• IPM Beer Tuvia is in the process of developing a 430MW combined cycle power station. 
• Delek Group, the Israeli partner in the Leviathan gas field, signed a $3 billion gas sale agreement with IPM Beer Tuvia in May 2016.
• Under the terms of the contract, Delek will supply IPM's power plant with 13 BCM of natural gas for a period of up to 18 years, depending on how long it takes IPM to use the allowance

Ben Naylor - Regional editor