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Cyprus and Israel's Delek Drilling (DK, OTC:DKDRF) are in talks about developing a $10B...

Jun. 19, 2013 11:56 AM ETDelek US Holdings, Inc. (DK) StockCVX, DK, DELKY, DKDRFBy: Carl Surran, SA News Editor2 Comments
Cyprus and Israel's Delek Drilling (DK, OTC:DKDRF) are in talks about developing a $10B liquefied natural gas terminal on the island to tap the east Mediterranean's vast gas discoveries and serve buyers in Europe and Asia. A delegation from Delek, which is developing Israel's giant Leviathan and Tamar gas fields with Noble Energy (NYSE:NBL), recently visited Cyprus to discuss the project.

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