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JERUSALEM, Sept. 26 (Xinhua) -- The U.S. and Israeli partners of the Leviathan natural gas field announced on Monday they have agreed to sell a 10 billion U.S. dollar worth of gas to Jordan.
The deal is the first to be signed by Leviathan, a gigantic natural gas reservoir located off Israel's northern shore.
The partners "will supply a gross quantity of approximately 1.6 trillion cubic feet (Tcf) of natural gas from the Leviathan field, or 300 million cubic feet per day, over a 15-year term," Texas-based Noble Energy, Leviathan's main control holder, said in a statement.
"Gross contract revenues are estimated to be approximately 10 billion dollars," the statement read.
Leviathan is a 622 billion cubic meter gas reservoir that was found off Israel's Mediterranean coast in 2010.
Gas production at the site is expected to begin in four years.
In Tamar, a nearby smaller gas field, gas production kicked off in March 2013.
In December 2015, after years of political infighting, the government signed a long-awaited agreement allowing Noble and Israel-based Delek Group to develop the Leviathan and Tamar gas fields while forcing them to sell two minor fields.
