DUN'S 100 - 2016

Holding & Investment

Companies

2016

DUN’S

100

DUN’S

100

2016

DUN’S

100

2016

DUN’S

100

Holding, Management & Investment Companies by Balance

RANK

Delek Group Ltd.

he Delek Group, Israel’s dominant

integrated energy company, is the

pioneering leader of the natural gas

exploration and production activities that are

transforming the Eastern Mediterranean’s Le-

vant Basin into one of the energy industry’s most

promising emerging regions. Having discovered

Tamar and Leviathan, two of the world’s largest

natural gas deepwater finds since 2000, Delek

and its partners are developing a balanced,

world class portfolio of assets in exploration,

development and production with total gross

natural gas resources discovered since 2009

of over 40 TCF. Delek is Israel’s largest and sole

domestic supplier of natural gas. In addition,

Delek Group has a number of assets in down-

stream energy, in water desalination and in the

finance sector.

Moving Towards Energy

Over the past six decades, Delek has grown from

a small chain of Israeli gas stations to become

the Eastern Mediterranean’s dominant natural

gas player. During the past several years, Delek’s

breakthrough success in energy-related busi-

nesses has led it to focus on this high-value sec-

tor. In 2009, Delek and its partners discovered

the Tamar field, the world’s largest natural gas

find in deepwater for that year. The Tamar reser-

voir of 11 TCF is expected to meet Israel’s domes-

tic needs for at least the next 20 years and has

captured the nation’s imagination with the pos-

sibility of achieving true energy independence.

After four years of intensive investment in infra-

structure and technology, in March 2013 Delek

began to flow natural gas to Israel from Tamar.

It is impossible to exaggerate the importance of

Tamar that has transformed the landscape of the

Israeli energy market and can chart a significant

growth contribution to the Israeli’s economy. In

late 2010, Delek and its partners discovered the

Leviathan field, the world’s largest natural gas

find in more than a decade. Leviathan, today a

22 TCF reservoir, was a game changing discovery

that brought global awareness to the region’s ex-

ceptional latent potential, and positioned Delek

as one of its leading players. Delek continues to

focus on the expansion and development of its

energy-related businesses. While investigating

options for production and potential export of

Leviathan’s natural gas, Delek has so far made

another five discoveries, including Aphrodite

in Cyprus.

Upstream: Gas Breaking Boundaries

Delek’s unwavering belief in the potential of

the Eastern Mediterranean led it to persevere

through decades of pioneering oil and gas ex-

ploration activities offshore Israel. Today, with

over 40 TCF of natural gas discoveries, it con-

tinues to expand beyond previous boundaries

to further grow, develop and commercialize its

world-class E&P portfolio.

Production:

Delek’s well-balanced portfolio

includes assets for both current and nearterm

production. Since 2004, Delek’s steady produc-

tion of Yam Tethys’ Mari-B wells has made it Is-

rael’s sole domestic producer of natural gas and

its major supplier of this cleaner, more economic

energy source. Tamar’s 11 TCF of natural gas has

begun production in March 2013. It is expected

to supply Israeli energy needs for at least the

next 20 years.

Development:

Delek and its partners continue to

plan and develop natural gas from the significant

find it has made in 2010. Delek is exploring vari-

ous development options for the estimated 22

TCF resources contained in its groundbreaking

Leviathan discovery, including supplying the

local Israeli market and export. Delek’s devel-

opment plans will take advantage of the subse-

quent discoveries it has made throughout the

Levant Basin, including Aphrodite in Cyprus.

Exploration:

Having confirmed the exceptional

untapped potential of the Eastern Mediterra-

nean, Delek and its partners plan to continue

exploring the world-class Levant Basin in areas

of its additional licenses offshore Israel. Delek

is confident that the regional momentum being

created by its success will continue to acceler-

ate, resulting in decades of value creation for

its shareholders.

Esta b l i s h e d

1951

L i n e o f B u s i n ess

Delek Group is Israel’s leading

independent E&P company

D i r ec to r s

Arie Zief

Avi Harel

Carmit Elroy

Isaac Sharon (Tshuva)

Ron Roni Milo

Yehudit Tytelman

Asaf Bartfeld

President & CEO

Idan Wallace

Deputy CEO

Gabi Last

Chairman of the Board

of Directors