Gornitzky represented Bazan, ICL and OPC in a USD 5.7 billion transaction for the purchase of natural gas from Energean Oil & Gas, holder of Karish and Tanin gas fields. In doing so, Energean ensures the committed purchase volume is met for the further development of the fields. Energean estimates that gas will begin flowing during 2020.
The companies were represented by Partner Jack Smith and Associate Amir Tsemach.