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Delek Drilling and Noble Energy negotiate for usage rights of the East Mediterranean Gas Pipeline - Daily News Egypt

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Delek Drilling and Noble Energy negotiate for usage rights of the East Mediterranean Gas Pipeline

Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas fields Tamar and Leviathan, are currently negotiating to receive the usage rights of the East Mediterranean Gas Pipeline to export natural gas to Egypt, Reuters reported on Wednesday. Both companies did not reveal further details. In February, the two companies announced two 10-year …


Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas fields Tamar and Leviathan, are currently negotiating to receive the usage rights of the East Mediterranean Gas Pipeline to export natural gas to Egypt, Reuters reported on Wednesday.

Both companies did not reveal further details.

In February, the two companies announced two 10-year agreements, worth $15bn, to export Israeli natural gas to Egypt signed with Egyptian company Dolphinus Holdings.

At the time Osama Kamal, an oil and gas industry expert and former petroleum minister, told Daily News Egypt that these imports were demanded by the foreign partners operating in Egyptian and Israeli fields, and Egyptian LNG plants in Idku and Damietta looking to operate and make use of those LNG plants for re-exporting gas from Eastern Mediterranean fields.

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https://www.dailynewsegypt.com/2018/03/08/delek-drilling-noble-energy-negotiate-usage-rights-east-mediterranean-gas-pipeline/
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