March 9 -- The partners in Israel's Tamar gas field announced Sunday they signed a deal to provide 750 million U.S. dollars worth of gas to IPP Delek Soreq, which is constructing a power plant in Israel.
Independent Power Production Delek (IPP Delek) will buy a total of 3.3 billion cubic meters of natural gas over 15 years, the Israeli partners of Tamar said in a statement to the Tel Aviv Stock Exchange.
IPP is controlled by Delek Group, which has a 31.25 percent stake in the Tamar gas field through its subsidiaries Delek Drillings and Avner.
Texas-based Noble Energy holds a 36 percent share, and operates the field.
Discovered in 2009 off Israel's northern city of Haifa, Tamar is believed to contain about 223 billion cubic meters of gas. Gas production of Tamar gas field began in March 2013.
Last month Israel became a gas exporter for the first time, when Tamar's partners signed a deal to supply 500 million U.S. dollars worth of gas to two Jordanian companies.