Oil Egypt accountACCOUNT King Tut

Israel Anti-Trust Regulator Approves Egyptian Pipeline Deal

Source: Ahram online 7/31/2019, Location: Egypt

Share |
Israel’s anti-trust regulator gave the partners in the Tamar and Leviathan natural gas fields a green light to buy into an export pipeline to Egypt, as long as they grant other players access to the pipeline.

Delek Drilling and Noble Energy are looking to buy into the subsea EMG pipeline that connects Israel and Egypt. This would allow them to supply gas to Egypt under a landmark $15 billion export deal.

The anti-trust regulator also set the condition that Delek and Noble must be prepared to “swap” supply arrangements should an Egyptian supplier reach an agreement in the future to sell gas to Israeli customers.

The anti-trust authority said it would reexamine the situation in another 10 years.

Egypt >>  3/10/2020 - SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the result of its Rabul-3 well in the West Gharib Concession in Egypt (SD...
Egypt >>  3/9/2020 - Shelf Drilling, Ltd. (SHLF) announced that it has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its c...

Egypt >>  3/3/2020 - Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated dura...

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