Yam Thetis invests $235m. in gas production

Jerusalem Post | May 17, 2001| | Copyright

TAL MUSCAL
Jerusalem Post
05-17-2001
Headline: Yam Thetis invests $235m. in gas production
Byline: TAL MUSCAL
Edition; Daily
Section: Economics
Page: 14

Thursday, May 17, 2001 -- Yam Thetis will invest $235 million over the course of 2001-2003 on the production of natural gas from the "Mary" site off the Ashkelon coast, the Gas and oil exploration group said yesterday.

In a statement to the Tel Aviv Stock Exchange, local partners Avner Oil & Gas Explorations and Delek Drilling said $51m. will be invested in the project this year, with 2003 the target date for transferring natural gas from the ...

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