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Tag: Leviathan
EMG

Noble, Delek, EMG strike $518 million gas pipeline deal

Posted: September 29, 2018 at 12:17 pm   /   Oil & Gas

Noble Energy said it has executed multiple agreements to support delivery of natural gas from the Leviathan and Tamar fields, offshore Israel, into Egypt. J. Keith Elliott, Noble Energy’s senior vice president, Offshore, stated: “Today’s announcements mark significant steps forward in supplying natural gas from the world-class Tamar and Leviathan fields to regional customers through […]

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Gas Terminal

Dolphinus Holdings to start importing natural gas as early as Q1 2019

Posted: August 6, 2018 at 3:32 pm   /   Oil & Gas

Dolphinus Holdings could start importing natural gas from Israel as early as 1Q2019, sources with knowledge of the matter told Reuters yesterday. “Imports will start in small quantities first and will gradually increase to reach their climax in September 2019,” they add, without providing detail on the specific quantities or prices. Dolphinus has been waiting […]

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Noble, Delek seek to buy rights for EMG gas pipeline for Egypt supply

Posted: March 11, 2018 at 8:21 pm   /   Oil & Gas

The partners in the Tamar and Leviathan natural gas site off Israel’s coast are in talks to buy the rights to use the East Mediterranean Gas (EMG) pipeline to supply gas to customers in Egypt. The partners, Texas-based Noble Energy and Israel’s Delek Drilling, did not provide details. Delek said there was no certainty a […]

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Bloomberg: Egypt's potential gas surplus could feed global LNG glut

Posted: February 24, 2018 at 3:58 pm   /   Oil & Gas

Egypt faces a possible over-abundance of natural gas after two Israeli companies proposed a $15 billion supply deal, raising the prospect that the Arab nation may turn its surplus into liquefied natural gas and export it to a market currently glutted with LNG. Egypt was already expecting to become self-sufficient in natural gas by the […]

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Bloomberg: Cyprus, Egypt nearing gas agreement

Posted: February 23, 2018 at 3:52 pm   /   Oil & Gas

Cyprus to sell Aphrodite gas to Egyptian LNG plants: minister. Noble Energy, Delek on Monday offered gas from Israeli fields. Cyprus is nearing an agreement to sell natural gas to Egypt, marking the second potential supply deal in as many days with the North African country vying to position itself as a regional energy hub […]

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Dolphinus Holding to buy Tamar, Leviathan gas in $15 billion deal

Posted: February 20, 2018 at 12:30 pm   /   Oil & Gas

Private Egyptian firm Dolphinus Holding will buy 64 billion cubic meters (BCM) of natural gas from the Tamar and Leviathan gas fields over 10 years. The deal is worth an estimated $15 billion. The partners in Israel’s Tamar and Leviathan offshore gas fields said they would supply the Egyptian company with around 64 billion cubic […]

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Egypt says no gas deals with Israel until arbitration cases are resolved

Posted: November 14, 2017 at 1:56 pm   /   Oil & Gas

Egypt will not issue permits to companies to import natural gas from Israel as long as arbitration cases with its neighbour remain unresolved, Egypt’s energy minister said on Monday. In 2015, the International Chamber of Commerce ordered Egypt to pay $2 billion in compensation after a deal to export gas to Israel via pipeline collapsed […]

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Egypt's Idku front-running option for East Med Gas

Posted: August 26, 2017 at 2:13 pm   /   Oil & Gas

Source: BMI Research BMI View: In line with our long-held view, the proposition to pipe natural gas from the Leviathan and Aphrodite fields to the Idku LNG plant in Egypt represents the most compelling export scenario for the fields. The Egyptian option is both less politically sensitive and less capital intensive than the alternative scenarios. Royal […]

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Shell considers buying Israeli, Cyprus gas for Egypt Idku LNG plant

Posted: August 21, 2017 at 12:36 pm   /   Oil & Gas

• Gas from Leviathan, Aphrodite may be sent to Idku LNG facility. • Some fuel from Aphrodite field could also be sold in Cyprus. Royal Dutch Shell Plc is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub. […]

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Israeli gas producers eye Egypt after natural gas act, could route gas through Jordan to sidestep Israel Electric dispute

Posted: August 10, 2017 at 12:03 pm   /   Oil & Gas

Israeli firms developing the Leviathan gas field are trying to find a way around the financial disputes blocking their export agreement with Egypt, according to Bloomberg. The developers are reportedly discussing ways to reroute the gas through a pipeline in neighboring Jordan, operated by Jordanian Egyptian Fajr for Natural Gas Transmission & Supply. While the […]

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