Search Results for: Egypt gas

New gas pipeline to Egypt

Israel Natural Gas Lines Ltd. is to lay a new subsea pipeline to export Israeli natural gas to Egypt. The $228 million route will send as much as 7 billion cubic meters of gas annually to Egypt. Gas is expected … Continue reading

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Israel begins exports of natural gas to Egypt

Israeli Energy Minister Yuval Steinitz and Egypt’s Minister of Petroleum Tarek El-Molla, jointly confirmed that Israeli natural gas is now flowing to Egypt. It was hailed as the most significant economic cooperation since the signing of the peace treaty between … Continue reading

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Egypt buys $15 billion worth of Israeli gas

I reported previously (several times) on the desire by Egypt to buy natural gas from Israel. Now finally, Egypt’s Dolphinus Holdings has signed agreements to purchase 64 billion cubic meters of gas from Israel’s Tamar and Leviathan fields. The 10-year … Continue reading

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And Egypt says Israeli gas is vital for their economy

Egypt’s Minister of Petroleum and Mineral Resources Sherif Ismail does not mind allowing British BG Group to import gas from Israel. “Whatever is in Egypt’s interest must be implemented immediately as we are dealing with an energy crisis,” the minister … Continue reading

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First Turkey, now Egypt wants Israeli gas

Israel’s new found energy resource could be a big peacemaker. Following Turkey’s announcement that it was buying natural gas from Israel, now Egypt’s suppliers have signed a letter of intent to purchase supplies from Israel. Israel used to import Egyptian … Continue reading

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Pipeline to Egypt

Egyptian Petroleum and Mineral Resources Minister Tarek El Molla came to Jerusalem to sign an agreement to connect Israel’s Leviathan gas field to the Liquefied Natural Gas facilities in Egypt. He discussed joint energy projects with Israel’s Prime Minister and … Continue reading

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East Med Gas Forum is a game-changer

July saw the first meeting, in Cairo, of the Eastern Mediterranean Gas Forum, comprising Egypt, Cyprus, Greece, Italy, the Palestinian Authority and – yes – Israel. These two articles suggest that the EMGF is already transforming the geopolitics of the … Continue reading

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Israeli gas is a game changer

By end 2015, Israel may have binding agreements to sell billions of dollars of natural gas to Egypt, Jordan and the Palestinian Authority. Even Turkey is interested.  Israeli Energy Minister Silvan Shalom said Israel’s gas “allows us to enjoy both … Continue reading

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“Significant signs of gas”

Gas and oil have been detected at the Yam 3 well, 16km off the Israeli coast West of Ashdod. And now Egypt wants to buy natural gas from Israel. http://www.globes.co.il/serveen/globes/docview.asp?did=1000875180&fid=1725 http://www.globes.co.il/serveen/globes/docview.asp?did=1000874990&fid=1725

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