Partners in Israel's proposed Leviathan project have reached another pair of milestones -- a small gas supply deal and financing agreement -- ahead of a final investment decision expected in late 2016 or early 2017.

Leviathan on 24 November penned an additional deal with local offtaker Paz Ashdod Refinery, a 15-year take-and-pay agreement for 3.12 billion cubic metres of natural gas, according to partner Delek Group.

"The