The First LNG Transaction in Israel

Israel Electric Company chartered our client's LNG regasification vessels in order to import LNG for use in its power plants and to provide an alternative source of natural gas.

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Our firm represented a world leader in the liquefied natural gas (LNG) industry. Israel Electric Company chartered one of our client’s LNG regasification vessels in order to import LNG for use in its power plants and to provide an alternative source of natural gas. The LNG purchased by Israel Electric Corporation is regassified on board the vessel and delivered as natural gas to a buoy located 10 kilometers off shore Hadera, Israel.
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