Funding for a new floating LNG terminal off Israel’s coast has been approved by the partners in the Leviathan gas field, the companies said on Tuesday, according to Reuters. The expansion of the Leviathan field, which includes a new LNG terminal, will boost Leviathan’s production to allow for increased exports to Europe, which is looking to disentangle itself from the shackles of Russian energy. The Leviathan field currently produces around 12 bcm per year, which is sold to Israel, Egypt, and Jordan. The partners in the Leviathan field…
