Tag Archive for natural gas

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 »

US Secretary of State spurs Lebanon to settle maritime border with Israel

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.

By Dima Abumaria, The Media Line

 

Talk of the demarcation of a maritime border gathered steam with the visit to Beirut last month by US Secretary of State Mike Pompeo.

The speaker of Lebanon’s parliament indicated Lebanon was prepared to set a maritime border with Israel under the supervision of the United Nations.

Israeli offshore gas fields

During an April 23 meeting in Beirut with Maj.-Gen. 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 »

Egyptian President: “We scored a big goal” in $15B gas deal made with Israel

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 project “has a lot of advantages for us (Egyptians). Continue Reading »

WATCH: Netanyahu announces $15B natural gas deal sold to Egypt

Gas operators Delek and Noble of Israel’s Tamar and Leviathan natural gas fields will supply Egypt with seven billion cubic meters of gas annually, in a deal worth an estimated $15 billion.

By MAX SCHINDLER

 

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 »

Lebanon’s provocative drilling tender in Israeli waters accepted, advancing border tension

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.

Israel says one of two blocks in the eastern Mediterranean where Lebanon wants to drill for oil belongs to it, and last week denounced any exploration by Beirut as “provocative”. Continue Reading »

Lebanon’s Defense Council orders army to stop Israel’s border wall construction

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 »

Israel allocates $429 million in defense systems to protect natural-gas rigs

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 »

3 EU countries work with Israel on world’s longest undersea gas pipeline

 

Feasibility studies had been completed but work on developing it would not begin for several years, so the 4 ministers agreed to meet every half-year to advance the new gas pipeline that will boost cooperation & boost supply.

By AFP

 

Italy, Israel, Greece and Cyprus pledged Monday to move ahead with the world’s longest undersea gas pipeline from the eastern Mediterranean to southern Europe, with support from the European Union.

If carried out as planned, the long-discussed $6.2 billion pipeline would take gas from Israel and Cyprus’s recently discovered offshore gas reserves to Europe and could help reduce the continent’s dependence on Russian energy at a time of ongoing tensions. Continue Reading »

Israel makes history as it becomes an energy exporter

 

Jordan has increased its economic ties to Israel by beginning to import natural gas, as part of its 2014 deal to purchase 2 billion cubic meters of natural gas.

By i24NEWS

 

An Israeli company said Thursday it has started exporting gas from an offshore field to Jordan, marking the country’s first ever exports of natural gas.

The exports to Jordan began in January, Delek Drilling — part of a consortium leading the development of Israel’s offshore gas reserves — recently told AFP.

There was no formal announcement at the time but it is the first time Israel has ever exported natural gas, a company spokeswoman said. Continue Reading »

Turkish delegation visits Jerusalem to discuss joint Mediterranean gas pipeline

 

While delegations in Jerusalem progress in their discussions to construct a natural gas pipeline from Israel to Turkey and on to Europe, Israel’s Energy Ministry Director General Shaul Meridor is set to meet soon with Italian, Cypriot & Greek ministers for talks on a different pipeline project.

By Hezi Sternlicht

 

A delegation from the Turkish Energy Ministry is currently visiting Israel for talks about a joint gas pipeline that would pump gas from Israel to Turkey and Europe.

The project, which has been under consideration for some time, was also the focus of Energy Minister Yuval Steinitz’s visit to Turkey in October. Continue Reading »