
UNION ENERGY GROUP IS A LEADING NATURAL GAS, OIL AND ENERGY COMPANY, THE OWNER AND BENEFICIARY OF WORLD-CLASS ASSETS.
The Group stands tall, boasting an impressive 24.9% stake in Tamar Petroleum – an evidence to its strategic and financial effectiveness. This substantial holding not only solidifies the Group’s position as a major player in the energy sector but also positions it as the coveted partner for premium off-takers and exploration companies alike.
In the dynamic landscape of oil and gas, the Group’s substantial ownership of Tamar Petroleum speaks volumes about its commitment to sustainable growth and long-term success. This significant stake represents a carefully calculated investment, a vote of confidence in Tamar Petroleum’s potential, and a clear strategy to forge lucrative partnerships.
With nearly a quarter of Tamar Petroleum under its belt, the Group becomes a linchpin for those seeking reliable and influential allies in the industry. Premium off-takers, hungry for stability and reliability, naturally gravitate towards the Group as their partner of choice. Exploration companies, on the other hand, recognize the strategic advantage of aligning with a major stakeholder, opening doors to collaborative ventures and shared success.
This proud ownership isn’t just a statistic – it’s a symbol of the Group’s foresight, resilience, and ability to navigate the complex terrain of the energy sector. As the desired partner for both off-takers and exploration companies, the Group stands ready to shape the future of Tamar Petroleum and the industry at large, turning aspirations into achievements and partnerships into prosperity.
Tamar is a field discovered in 2009 and located in the Levantine Basin, offshore Israel. It contains natural gas as well as gas condensate. The field has a depth of 5,000 meters beneath the sea bed. It is spread over 100 square kilometers with the field’s thickness up to 300 meters.
The Tamar gas production began in 2013 and has a production capacity of around 1.1 billion cubic feet per day (bcf/d) of gas and condensate to meet growing domestic natural gas requirements and to boost supplies to neighboring countries. Estimated gas reserves are 13,17 trillion cubic feet (TCF).
UNION ENERGY GROUP IS A LEADING NATURAL GAS, OIL AND ENERGY COMPANY, THE OWNER AND BENEFICIARY OF WORLD-CLASS ASSETS.
The Group stands tall, boasting an impressive 24.9% stake in Tamar Petroleum – an evidence to its strategic and financial effectiveness. This substantial holding not only solidifies the Group’s position as a major player in the energy sector but also positions it as the coveted partner for premium off-takers and exploration companies alike.
In the dynamic landscape of oil and gas, the Group’s substantial ownership of Tamar Petroleum speaks volumes about its commitment to sustainable growth and long-term success. This significant stake represents a carefully calculated investment, a vote of confidence in Tamar Petroleum’s potential, and a clear strategy to forge lucrative partnerships.
With nearly a quarter of Tamar Petroleum under its belt, the Group becomes a linchpin for those seeking reliable and influential allies in the industry. Premium off-takers, hungry for stability and reliability, naturally gravitate towards the Group as their partner of choice. Exploration companies, on the other hand, recognize the strategic advantage of aligning with a major stakeholder, opening doors to collaborative ventures and shared success.
This proud ownership isn’t just a statistic – it’s a symbol of the Group’s foresight, resilience, and ability to navigate the complex terrain of the energy sector. As the desired partner for both off-takers and exploration companies, the Group stands ready to shape the future of Tamar Petroleum and the industry at large, turning aspirations into achievements and partnerships into prosperity.
Tamar is a field discovered in 2009 and located in the Levantine Basin, offshore Israel. It contains natural gas as well as gas condensate. The field has a depth of 5,000 meters beneath the sea bed. It is spread over 100 square kilometers with the field’s thickness up to 300 meters.
The Tamar gas production began in 2013 and has a production capacity of around 1.1 billion cubic feet per day (bcf/d) of gas and condensate to meet growing domestic natural gas requirements and to boost supplies to neighboring countries. Estimated gas reserves are 13,17 trillion cubic feet (TCF).
