Tag Archive for gas

Jordanian lawmaker asks Jordanians to martyr themselves against gas deal

Prior to the electrical equipment of Israel-Jordan gas-line being torched yesterday in protest to the upcoming import of natural gas from Israel, Jordanian parliamentarian Tariq Khoury demanded, “Every free man in Jordan must sacrifice himself and his children to blow up a gas line that passes through Jordanian territory, we are all martyrs of the project.”

By TZVI JOFFRE

 

Two electrical transformers servicing a gas transfer station intended to transport gas from the Leviathan natural gas field in Israel into Jordan were torched by unidentified people in Irbid in northern Jordan on Saturday.

According to Sky News Arabia, this is not the first attack against the gas transfer station in Irbid. Continue Reading »

Israel ranked 5th for country with highest gasoline prices

Israel takes 5th place with an average of $233 a month on gasoline, which equals 11% of the average Israeli monthly salary.

 

Israel is the fifth-priciest country in the world when it comes to how much consumers pay for unleaded gasoline, an international study by the financial website This is Money shows.

Israelis pay $5.79 per gallon for unleaded gasoline (Illustrative) – Photo: Yehoshua Yosef

Israelis are shelling out heavy sums at the pump — $1.53 per liter ($5.79 per gallon) — despite the fact that world oil prices have dropped to $66 per barrel since April 2012. Continue Reading »

Cyprus interested in importing Israeli liquefied natural gas

Following Cypriot delegation’s visit to Israel, a Cyprus’ CI&T Minister says natural gas could flow to Cyprus by 2015 at low price.

By NADAV SHEMER

 

 

Cyprus hopes to begin importing liquefied natural gas from Israel by early 2015, Cypriot Commerce, Industry and Tourism Minister Neoklis Sylikiotis was quoted as saying by Famagusta Gazette Online Tuesday.

Israel is in favor of supplying Cyprus with between 0.5 and 0.7 billion cubic meters of natural gas for electricity production, Sylikiotis reportedly said. The island country is planning to import natural gas in the short term, before exploiting its own offshore reserves around 2018.

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Israel may be soon exporting over 50% of its natural gas finds

Israel’s developing its new gas fields & is seeking to become less dependent on Egyptian gas imports. The Tzemach Committee on Energy Policy says Israel will legally be able to export 500 billion cubic meters of its newly found natural gas.

By Hezi Sternlicht & News Agencies

 

The Tzemach Committee on Energy Policy declared on Wednesday that Israel will legally be able to export 500 billion cubic meters of natural gas. The recommendation came as a surprise because an intermediary report by the committee referred to a considerably lower quantity of exportable gas.

Israeli-owned oil rig in the Mediterranean Sea.

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Israel Electric Corporation completes steam & gas power plant ahead of schedule

Addition of 125 megawatts will help bridge gaps in dwindling reserves, says IEC CEO Glickman.

 

A month ahead of schedule, the Israel Electric Corporation has completed work and grid synchronization of a 375-megawatt combined-cycle power plant.

The plant, called the Zafit power station, is located near Kfar Menahem in the country’s south-central region, and will significantly increase electricity generation to help deal with the ever-dwindling electricity reserves, according to the IEC. The combined-cycle plant contains a 125- megawatt steam unit that the company added to an already existing 250- megawatt natural gas turbine facility, and was constructed at a cost of NIS 1 billion. Continue Reading »

Bloomberg Report: ‘Israel has enough gas to last 150 years’

Bloomberg news agency reports Mediterranean explorations have uncovered $240 billion worth of gas, far more than Israel can ever use.

By Ynet

 

 

Gas exploration companies Noble Energy Inc., Delek Group Ltd. and others have discovered enough natural gas to supply Israel’s domestic needs for the next 150 years, an investigative report published by Bloomberg news agency claimed on Saturday.

Noble Energy gas rig

 

 

“The gas would be worth about $240 billion, equal to Israel’s annual economic output, based on today’s prices in the UK,” the report claimed.

The report described Israel’s ongoing debate over how to manage the gas discoveries. Continue Reading »

Another Blast rocks Egypt’s gas pipeline to Israel and Jordan

Gas pipeline targeted for 15th time since mid-2011;  gunmen placed explosives under pipeline & detonated them remotely. Again gas supply suspended

By Reuters

 

An explosion on Sunday rocked the Egyptian pipeline built to carry natural gas to Israel and Jordan, the 15th time it has been attacked since the start of the uprising in early 2011 that toppled President Hosni Mubarak.

Explosion at pipeline (Archives) – Photo: EPA

The blast occurred in the early hours of Sunday morning at al-Tuwail, east of the coastal Sinai town of al-Arish, at a point before the pipeline splits into separate branches to Israel and Jordan, security officials and witnesses said. Continue Reading »

Israel gets natural gas supplement from offshore well

Noble energy begins to supply Israel with natural gas month ahead of schedule

Reuters

 

 

A US Israeli consortium began supplying Israelwith natural gas from its offshore Pinnacles well on Wednesday to help stave off a national energy shortage expected this summer.

Natural gas on its way (Illustration) Photo: Reuters

Natural gas on its way (Illustration)- Photo: Reuters

Israel lost about 40 percent of its natural gas supplies in early 2011 when saboteurs in the Sinai peninsula began attacking the pipeline that carried gas to Israel from Egypt

as part of a 20-year deal. In April, Egypt officially terminated the deal, sending Israel scrambling to find alternative power sources. Continue Reading »

Israeli technology turns greenhouse gas into fuel

Technology developed by head of the Weizmann Institute of Science’s Energy Center creates mixture that can be used for car fuel.

A new Israeli solar Technology is able to transform greenhouse gas emissions from the dirtiest of pollutants into a useable fuel for automobiles.Israeli startup NewCO2Fuels Ltd., in partnership with Australian firm Greenearth Energy Ltd., has acquired the license for a technology developed by Prof. Jacob Karni, head of the Weizmann Institute of Science’s Energy Center in the department of environmental sciences and energy research, as well as supervisor for the institute’s solar program.

The innovation uses concentrated solar energy to dissociate carbon dioxideinto carbon monoxide and oxygen, as well as water into hydrogen and oxygen, allowing for the synthesis of the carbon monoxide and hydrogen into a gaseous hydrocarbon mixture called Syngas.

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Landau: Natural gas for cars can free us from oil

Energy and water minister says Israeli natural gas discoveries open window to fight “addiction to black gold.”

Rather than continuing to heavily pollute the air and fund Arab governments by using fuel oil, more Israelis will soon be able to turn to natural gas to power their automobiles, the Energy and Water Ministry said on Monday.

Tamar holds 240 billion cu.m. of gas - Photo: Courtesy

Tamar holds 240 billion cu.m. of gas - Photo: Courtesy

“Citizens of the Western world, and we among them, suffer from an addiction to black gold, which pollutes the environments, and some of whose revenues stimulate Islamic terrorism,” Energy and Water Minister Uzi Landau said.

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Making Israel natural gas attractive – in Texas

Energy and Water Minister Uzi Landau visits the Lone Star State to strengthen ties with Israel’s natural gas industry.

 

As Israel’s presence in the natural gas market grows, the country should continue to strengthen its growing ties with the state of Texas, a capital of development for the industry, according to Energy and Water Minister Uzi Landau.

National Infrastructures Minister Uzi Landau -Photo: Courtesy National Infrastructures Ministry

National Infrastructures Minister Uzi Landau - Photo: Courtesy National Infrastructures Ministry

Landau is spending the week in the Houston, Texas region, where he will be visiting the development site for Noble Energy’s Tamar rig, as well as meeting with representatives of many companies potentially interested in participating in Israel’s natural gas industry.

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Israeli, Egyptian officials in secret talks on gas deal crisis

Behind the scenes, a senior official from the Prime Minister’s Office in Jerusalem was dispatched to Cairo to discuss the disputed gas contract, and reportedly returned several hours later.

 

Officially, the Israeli government has tried to minimize the diplomatic importance of last Sunday’s announcement by Egypt’s state-owned natural gas company that it was canceling its contract to Israel. Behind the scenes, however, the reality was somewhat different, belying the government’s stance that the matter was simply a commercial dispute.

A day after last week’s unilateral announcement by EGAS, a senior official from the Prime Minister’s Office in Jerusalem was dispatched to Cairo.

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Electric Corp. urgently seeking new gas supplier

Needs 5-month stopgap until Israeli gas starts flowing.

Needing to fill the energy void left by the Egyptians canceling the sale of natural gas to Israel, the Israel Electric Corporation is trolling the world for a new source. The IEC has published an international tender for purchase of imported liquefied natural gas, hoping to start buying as much as $700 million to $850 million worth on December 1, 2012.

Gas drilling rig

Gas drilling rig

The plan is for up to 16 huge LNG tankers, each holding 130,000 cubic meters of LNG, to dock at a Cypriot port, where the gas would be unloaded onto a vessel the IEC would lease from the American firm Excelerate Energy.

Continue Reading »

Germany: Egypt must affirm treaty with Israel

Westerwelle, Germany’s foreign minister, says he expects Cairo to avoid elevating gas crisis to political level.

 

In the first international comment on Egypt-Israel gas dustup, German Foreign Minister Guido Westerwelle said Tuesday that Egyptian leaders, present and future, must affirm the country’s peace treaty with Israel.
BEDUIN man looks at a gas pipeline in Sinai - Photo: REUTERS
BEDUIN man looks at a gas pipeline in Sinai – Photo: REUTERS

Westerwelle said that he expects the relevant parties in Egypt to take a clear stance on peace and to not let the gas issue reach a political level.

Egypt on Sunday terminated a long-term gas deal with Israel, prompting a diplomatic spate between the two countries.

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Termination of Israeli-Egyptian natural gas agreement serves dangerous precedent

Move may be intended to pressure Israel to give up lawsuit for $8 billion in compensation for damages.

Mohamed Shoeb, head of the Egyptian Natural Gas Holding Company, announced Sunday evening, that the company will terminate the agreement to provide natural gas to Israel, after a decision had been made on Thursday, due to what he had termed “Israel’s repeated breaching of the agreement.”

Shoeb, in interview on Al-Hayat television, stressed that the deal termination was due to failure on the part of the Israeli side to transfer the payments owed by Israel for some months and “had nothing to do with the repeated attacks on the pipeline.”

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