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 >>  10/10/2019 - TransGlobe Energy Corporation (TransGlobe) (“TGA”) announces an operations update. ...
Egypt >>  10/8/2019 - President Nicos Anastasiades of Cyprus said energy is one of the most important axes for the trilateral cooperation mechanism involving Egypt, Greece ...

Egypt >>  10/8/2019 - Egypt’s ministers of investment and electricity inked two grant agreements with the French Development Agency (FDA) that aim to boost Egypt’s energy a...
Egypt >>  10/7/2019 - Rockhopper Exploration plc (RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to pro...

Egypt >>  10/4/2019 - Prime Minister Mostafa Madbouli said that the cabinet approved recommendations of the ministerial committee on the re-pricing of natural gas used in v...
Egypt >>  10/4/2019 - Egypt and two world companies discussed boosting cooperation in the mining domain...

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