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You are here: Home Sectors Oil & Gas Delek and Avner drawdown on Tamar debt
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Delek and Avner drawdown on Tamar debt

10 August 2012

Delek Drilling and Avner Oil will each draw on $205 million of the $902 million eight-year facility that they signed in April to back development of the Tamar gas field.

Avner and Delek, both members of the Delek conglomerate, signed separate limited recourse deals for $400 million each. Dor Gas Exploration, a junior partner in Tamar, is closing...

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