Russian gas giant Gazprom signed a deal to market liquefied natural gas (LNG) from the Tamar floating LNG project in Israel.

Gazprom Marketing & Trading Switzerland AG and Levant LNG Marketing Corp. signed heads of agreement for exclusive offtake from the Tamar project for 20 years with Levant LNG Marketing.

The Tamar LNG project, based on the Tamar and Dalit offshore fields, is scheduled for commissioning in 2017 and is expected to produce 3 million tons of LNG per year.

Vitaly Vasiliev, CEO of Gazprom Marketing & Trading Ltd., commented: ...