Rigzone · May 25, 2026 (May 25) · 1 min read

Chevron's Leviathan Partners to Supply Gas to Dalia Power Plants in Israel

Analysis

AI-assisted analysis · reviewed by Yuri Kan

Chevron's partners in the Leviathan gas field have secured a 20-year contract to supply gas to Dalia Power plants in Israel. The deal, initially involving 1.3 billion cubic meters, strengthens the position of the Leviathan field as a key energy supplier in the region. This agreement highlights the ongoing development and commercialization of natural gas resources in the Eastern Mediterranean.

Key Facts

The contract is for 20 years.
The initial supply is up to 1.3 billion cubic meters of gas.
Chevron is not directly involved in this specific contract, but its partners in the Leviathan field are.

Market Impact

This agreement solidifies the Leviathan field's role in the Israeli energy market and demonstrates the continued demand for natural gas in power generation. It could also encourage further investment in gas exploration and production in the Eastern Mediterranean region. The exclusion of Chevron from this specific deal might indicate a different strategy for Chevron or potentially different risk appetites among the partners.

Why This Matters for Cyprus

This deal is important to industry professionals as it showcases the ongoing commercialization of Eastern Mediterranean gas reserves and the increasing reliance on natural gas for power generation in the region.

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