Energean has signed a $2 billion gas deal to provide 12 billion cubic meters of natural gas to Dalia Energy's power plants. The agreement is for 18 years and is part of Energean's strategy to sign long-term contracts with large local customers. In addition, Energean has secured a $750 million loan from Bank Leumi to manage its existing debt cycle. The company has also met its 2024 production guidance and expects to produce 120,000-130,000 barrels of oil equivalent per day in Israel by 2025.
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