Chevron Shuts Down, Depressurizes Tamar Natural Gas Platform Off Israel Coast In Accordance With Instructions Received From Ministry Of Energy
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Chevron has shut down and depressurized the Tamar natural gas platform off the coast of Israel following instructions from the Ministry of Energy.
May 12, 2021 | 1:24 pm
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Chevron has shut down the Tamar natural gas platform off Israel's coast following regulatory instructions, which may impact its operations and revenues in the short term.
The shutdown of the Tamar platform could lead to a temporary decrease in Chevron's natural gas production, potentially affecting its revenues. The action was taken in compliance with regulatory instructions, indicating a direct impact on operations.
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