European Commission President Ursula von der Leyen is expected to arrive in Israel on Monday, as Jerusalem, Cairo and Brussels make strides toward a natural-gas export deal.
The European Union Embassy in Israel said von der Leyen was arriving “to advance relations between the EU and Israel, especially cooperation in the area of energy. The president will also discuss with Israeli government representatives the global reaction to the food crisis and the situation in the Middle East.” Continue Reading »
According to a new report in Israel Hayom, Israel and the European Union are conducting fast-track negotiations for the sale of Israeli natural gas to the EU, which would be piped to Europe via Egypt.
The two sides have already exchanged draft proposals and according to estimates, an agreement could be reached as early as this summer, following which the two sides will negotiate directly with the gas companies themselves. Continue Reading »
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.
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 »
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.”
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 »
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.
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 »
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.
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 »
Following the visit to Beirut by US Secretary of State Mike Pompeo, the speaker of Lebanon’s parliament indicated Lebanon was prepared to settle its maritime border dispute with Israel, but under the supervision of the U.N.
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 »
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 »
Egyptian President al-Sissi praised the $15 billion natural gas arrangement with an Israeli energy company that will facilitate Egypt’s move into a regional energy hub with the purchase of 64b m³ of gas to Egypt’s Dolphinus Holdings over 10 years.
By The Associated Press
The Egyptian president declared that his country “scored a goal” by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.President Abdel Fatah al-Sissi’s televised remarks were the first high-level comments on the deal that fueled controversy on social media.
The operators of Israel’s Tamar and Leviathan natural gas fields have signed decade-long contracts to sell $15 billion worth of natural gas to Egypt, according to a statement from Delek Drilling on Monday.
Israel announces new agreement to export natural gas to Egypt, February 19, 2018./GPO – TRANSLATION: “I welcome the historic agreement now published on the export of Israeli gas to Egypt. This will bring billions into the coffers of the state, in favor of the education, health and welfare of Israeli citizens. Continue Reading »
Beirut signs contract with multinational consortium to drill for oil & gas off its coast, including in Block 9 according to their maps, an area which Israel has long patrolled and defended as part of it’s territorial waters.
By Ben Ariel, Canada
Lebanon on Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising energy giants Total, ENI and Novatek, including in a block disputed by Israel, AFP reported.
Lebanon’s military Council says if Israel continues construction of border wall on territory Lebanon believes to be theirs, it will be acknowledged as an act of aggression against its sovereignty. – Israeli Minister Steinitz: ‘Israel seeking diplomatic solution to all border disputes.’
By Attila Somfalvi and Nir Cohen
Lebanon’s Higher Defense Council said Wednesday it has ordered the army to prevent Israel from building a border wall on Lebanese territory.
The council also announced that if Israel does build its border wall on what Beirut views as Lebanese territory, it would be considered an Israeli act of aggression.
“We grant the army forces with the political backing to act against any Israeli aggression on the border—on land and at sea,” the council said in a statement. Continue Reading »
The weapons systems from Israel’s defense industries will be installed on four patrol ships purchased from Germany to protect the offshore natural gas rigs in Israel’s territorial waters – Minister of Defense says decision will see billions [of shekels] poured into the state’s economy, supporting thousands of families.
By Yoav Zitun
The Defense Ministry’s Procurement and Production Directorate is set to purchase weapons systems from the Israeli defense industry to protect the offshore natural gas rigs in Israel’s territorial waters to the tune of NIS 1.5 billion, the ministry said Sunday.
The procurement deals will be finalized by the end of 2017 and include a variety of systems for interception, cyber warfare, control and command, communications, navigations, and more. Continue Reading »
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