Chevron, Israel to Begin Construction of Nitzana Natural Gas Pipeline

marketscreener
2025.09.16 15:30
portai
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Chevron has signed a deal with Israel's state-owned pipeline operator to construct the Nitzana natural gas pipeline, which will transport fuel from the Leviathan field to Egypt. The pipeline is expected to carry approximately 600 million cubic feet of natural gas per day upon completion in about three years. Chevron's stock price rose by $2.00, or 1.27%, to $159.31.