Oil Egypt accountACCOUNT King Tut

Egypt to Begin Gas Imports from Israel by Mid-January 2020

Source: Ahram Online 12/22/2019, Location: Egypt

Share |
Egypt will begin importing natural gas from Israel by mid-January 2020, a senior industry source said on Sunday. Israeli gas exports to Egypt will gradually reach 7 billion cubic metres, the source said on condition of anonymity.

Egyptian company Dolphinus Holdings reached a landmark deal last year with the Israeli companies operating the Israeli fields Leviathan and Tamar.

In October, the Israeli companies said they were increasing the amount of natural gas they plan to export to Egypt. One source in the Israeli energy industry estimated the value of gas was now $19.5 billion - $14 billion coming from Leviathan and $5.5 billion from Tamar.

Israel's energy ministry gave its final approval for the start of production at the giant Leviathan field three days ago after a court lifted a temporary injunction granted over environmental concerns.

A spokesman for Egypt's petroleum ministry said he could not provide any information on the matter.

Egypt >>  2/11/2020 - The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subs...
Egypt >>  2/10/2020 - Wintershall Dea and Egyptian Minister of Petroleum H.E. Tarek El Molla have signed the concession agreement for the East Damanhour block. The block is...

Egypt >>  2/9/2020 - Dubai-based on-demand fuel delivery company Cafu is planning to expand its business into Egypt soon, the company said on LinkedIn, without providing f...
Egypt >>  1/28/2020 - Egypt has signed two deals with Exxon Mobil for oil and gas exploration in the Mediterranean, the petroleum ministry said. ...

Egypt >>  1/28/2020 - In South Disouq (SDX Working Interest 55%), Preparations continue at South Disouq for two exploration wells targeting gross unrisked P50 volumes of up...
Egypt >>  1/27/2020 - Petroleum Minister Tarek Al Mulla and Sports and Youth Minister Ashraf Sobhy opened an integrated station to fuel cars with natural gas and liquefied ...

More News

Oil & Gas Companies in Egypt >>

Related Links

Oil Egypt E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us