Tag Archive for Leviathan gas field

REPORT: Test-run of Israeli natural gas delivery reaches Jordan

The Petra news agency reported that Jordan’s National Electric Power Company received for the first time, natural gas from Israel’s Leviathan gas field, in a test to check the viability of the infrastructure prior to the pumping of NEPCO’s $10 billion import deal.

By TZVI JOFFRE

 

An experimental supply of natural gas from the Leviathan gas field was pumped to Jordan from Israel by the Noble Energy Company on Wednesday, according to Jordan’s Petra national news agency.

The experimental pumping will continue for three months and will test the infrastructure prior to the flow of the actual commercial supply, according to Jordan’s National Electric Power Company (NEPCO). Continue Reading »

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 »

Report: Israel-Egypt natural gas pipeline partnership a ‘done deal’

The partners in Israel’s Leviathan & Tamar offshore gas fields planned to sell $15 billion worth of natural gas to an Egyptian customer, Dolphinus Holdings, but last month 34% more gas was requested, now estimating the deal worth $20 billion.

By  Reuters, Israel Hayom Staff

 

A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said on Sunday.

Texas-based Noble Energy, Israel’s Delek Drilling and Egyptian East Gas Co have partnered in a venture called EMED, which last year agreed to buy a 39% stake in the subsea EMG pipeline for $518 million that will carry Israeli gas exports to Egypt. Continue Reading »

1st of 4 barges transporting the Leviathan natural gas platform to Israel

The construction of a $7B, 2,000 km underwater pipeline connecting Israel’s gas fields to Cyprus, Greece and Italy is expected to be approved later this year by the 3 countries, but will also require European Commission approval.

By EYTAN HALON

 

The first of four giant barges transporting the Leviathan natural gas platform to Israel departed the Gulf of Mexico last week, the companies leading the project announced on Sunday, ahead of its September installation approximately 10 kilometers from Israel’s coast.

Five operational structures, the 38,000 ton topsides of the Leviathan platform, will make the approximately 11,500 kilometer cross-Atlantic journey, with the remaining barges due to set sail from Texas in the coming weeks. Continue Reading »

Israel’s natural gas fields elevated the Jewish State political relevancy

The discovery of Israel’s multiple natural-gas fields appears to have facilitated the Jewish state’s movement closer to the Arab states, as well as neighboring Mediterranean countries, as they all share Israel’s concern over Iran’s & Turkey’s disruptive & dangerous influence in the region.

By The Associated Press

 

A decade after discovering natural gas fields off its Mediterranean coast, Israel is starting to feel the geopolitical boost.

Its newfound riches have fostered economic bonds with its neighbors, tightening relations with Arab allies, and built new bridges in a historically hostile region — even without significant progress being made toward peace with the Palestinians. Continue Reading »

Israeli companies to pump gas to Egypt in $518 million deal

Israel’s Delek Group, Noble Energy are acquiring 40% of the Egypt-Israel gas pipeline with rights to operate it, enabling the Israeli companies to pump gas to Egypt as early as this year, assuming it will still be in demand.

By Lior Gutman

 

After several weeks of frantic negotiations, the Israeli drilling companies Delek Drilling LP, Noble Energy Inc., and the Egyptian East Gas Co. signed a deal to buy a 39% stake in the EMG pipeline to export natural gas to Egypt starting next year, the partners said on Thursday.

Israel’s Energy Minister Steinitz said the deal marked a ‘very important milestone’

Talks about a future Israeli-Egyptian gas deal were reported a few months ago by Calcalist. Continue Reading »

Israel’s historic gas deal with Jordan completed, now the Cyprus, Greece pipeline

 

Israel’s Energy minister Steinitz is set to meet with his Greek and Cypriot counterparts in Athens on Wednesday to begin talks on laying pipeline for gas exports to Europe.

 

After the Leviathan gas reservoir partners signed a massive deal with Jordan, Israel is now looking to lay a pipeline to Cyprus and Greece, so Israeli gas can be exported there and to other European countries, National Infrastructure, Energy and Water Minister Yuval Steinitz said Tuesday.

Map showing planned pipelines running from Israel’s Levianthan natural gas rig into Jordan

Steinitz, speaking to reporters before the weekly cabinet meeting that was pushed from Sunday to Tuesday because Prime Minister Benjamin Netanyahu was in the US, related to Monday’s announcement of a massive gas deal with Jordan, saying it was an “historic” day for the country, because for the first time in its history it became an energy exporter. Continue Reading »

Israel’s economy strengthening with development of energy sector

 

Israel’s geopolitical decision of exploiting the gas discovery for diplomatic purposes improved the geostrategic status of the State of Israel in the US, Europe & the Mid-East.

 

Israel’s natural gas discoveries could be key in transforming diplomatic relations in the region while boosting its growing economy, a number of experts said on Monday at the Jerusalem Post Annual Conference in New York.

THE TAMAR gas field platform juts above the Mediterranean – Photo: MARC ISRAEL SELLEM

At the conference’s panel on the Israeli economy, International economic law scholar and practitioner Efraim Chalamish said Israel’s energy sector has the potential to really advance the “start-up nation” since it allows for large companies to be part of the economy, employing large workforces made up of people diverse backgrounds and skill levels. Continue Reading »

Israel’s offshore gas-fields to be protected by ‘Barak-8 Dome’

 

Following third & final series of successful tests, Israel’s offshore gas interests will shortly receive the advanced Barak 8 missile defense system to counter all foreign threats.

By Raphael Poch

 

Head of the Israel Aerospace Industries (IAI) told Israeli press Wednesday that the newly developed ‘Barak 8’ system which will be installed on Israeli naval ships will be able to protect Israel’s offshore gas assets.

Test of Barak 8 Missile system

Test of Barak 8 Missile system – Photo: IDF Spokesperson’s Unit

Following the successful tests of the new system in India, Yossi Weiss, CEO of the IAI, said that part of the mission of the project is to protect the Israeli offshore gas assets. Continue Reading »

Israel and Egypt sign letter of intent for natural gas deal

 

Israel’s offshore Leviathan natural gas field to supply Egypt with gas via existing Egyptian underwater pipeline via the Sinai.

By i24news

 

Israel’s offshore natural gas field Leviathan will supply gas to Egypt via an existing underwater pipeline to the Sinai peninsula, Leviathan’s partners said in a statement to the Tel Aviv Stock Exchange on Wednesday after signing a preliminary deal.

Leviathan gas field in Israel – Photo: AFP

As part of the deal, Leviathan will supply Egypt’s Dolphinus Holdings with up to 4 billion cubic meters of gas a year for 10 to 15 years.

Though Egypt used to be a major regional gas exporter in the region, with Israel being one of its clients, the tables have turned in recent years, owing to several factors – including, in Egypt, instability in the Sinai Peninsula region – where several large fields are located – due to the rise of the Islamist insurgent group Ansar Bait al-Maqdis, and in Israel, the discovery of large off-shore gas fields. Continue Reading »

Israeli navy engineers in Germany suggesting improvement with warship capabilities

 

According to the Israeli plan, the electrical systems and the hull of the German-made corvette warships will be built at the shipyard, while the combat systems will be installed once the ships are delivered, by 2020.

By i24news

 

Israel has huge and mostly untapped gas fields that cover some 23,000 square km (9,000 square miles) of sea — more than Israel’s territory on land.

Israeli planners see possible sea-borne or rocket threats to gas facilities from Hezbollah guerrillas in Lebanon and Hamas militants in the Gaza Strip, making expanding the naval presence a priority for them.

Leviathan gas field in Israel – Photo: AFP

Israel’s navy chief, Admiral Ram Rotberg, said in a separate statement that the corvettes would be classed as “Saar 6″ missile boats — suggesting a major improvement in capabilities. Continue Reading »

Palestinian Power Company Reneges on Israel-Palestine Natural Gas Contract

After delays by Israel’s Antitrust Authority to make decisions, Palestine Power Generation Co decided to cancel its $1.2-billion Leviathan contract with the Delek Group & Noble Energy.

By Arutz Sheva Staff

 

An Israeli partner in the Leviathan offshore gas field said on Wednesday a Palestinian Arab company had cancelled a $1.2-billion supply contract, citing delays by Israel’s Antitrust Authority.

Delek said it had informed the Tel Aviv stock exchange that a 20-year contract it had signed with the Palestine Power Generation Co was cancelled by the Arabs on Tuesday, reports AFP.

Delek said this was because of “non-fulfillment of the conditions precedent set forth in the agreement, and essentially non-receipt of the approval of the Antitrust Authority, the delay in approving the development plan of the Leviathan project as well as other regulatory approvals required by law.”

Continue Reading »

Delek Reports: Leviathan gas field to begin exporting by early 2018

 

Delek Drilling, one of basin’s stakeholders, announced in its financial report for 2014, that among several regional letters of intent & deals discussed for both the Tamar & Leviathan reservoirs, was a letter of intent signed between the Tamar partners & the Spanish firm Union Fenosa Gas.

By SHARON UDASIN

 

 

 

Israel’s sizable Leviathan gas reservoir will likely begin flowing by the beginning of 2018, the basin’s stakeholders announced on Wednesday night.

Israel's natural gas

Israel’s natural gas. – Photo: MINISTRY OF NATIONAL INFRASTRUCTURES

Delek Drilling, a member of the Leviathan partnership, made the announcement in the company’s third quarter financial report for 2014. Continue Reading »

Turkey Nixes ‘Inhumane’ Israeli Gas to Europe Deal Worth $2.2b

Turkish energy minister rejects a planned $2.2 billion gas pipeline project with Israel, until Jerusalem makes ‘peace’ with Hamas terrorists.

By Ari Yashar

 

Turkish Energy Minister Taner Yildiz essentially blackmailed Israel on Tuesday, demanding that the Jewish state make “peace” with the Gaza-based terrorist organization Hamas before it would consider a joint energy project linking Israel with Europe.

Hamas' Ismail Haniyeh and Recep Tayyip Erdogan

Hamas’ Ismail Haniyeh and Recep Tayyip Erdogan – Reuters

“For energy projects to proceed, the human tragedy in Gaza will have to be stopped and Israel will have to instate a permanent peace there with all elements,” Yildiz told reporters in Ankara, referring to the recent counter-terror Operation Protective Edge. Continue Reading »

Israel & Jordan Sign Natural Gas Deal for 15 Years

 

Noble Energy announced on Wednesday afternoon, that if the signed letter of intent progresses into a full-fledged deal, the Leviathan partners would likely deliver the gas supply across a border location between Israel & Jordan,

The 621-billion cubic meter Leviathan gas reservoir, off of Haifa, is expected to begin flowing in 2017.

On behalf of the Leviathan natural gas reservoir partners, Noble Energy signed a non-binding letter of intent on Wednesday to supply about 45 billion cubic meters natural gas to Jordan’s National Electric Power Company over a 15-year period.

Oil Platform

Oil Platform. – Photo: INGIMAGE / ASAP

If the letter of intent progresses into a full-fledged deal, the Leviathan partners would likely deliver the gas supply across a border location between Israel and Jordan, Noble Energy announced on Wednesday afternoon. Continue Reading »