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Israel Approves Increase in Natural Gas Exports to Egypt

Approximately 3.5 billion cubic meters will be added to Israel’s current natural gas exports to Egypt over the next 11 years.

Report: Egypt Pressures Israel to Increase Natural Gas Exports

Israel exported about five (4.62) billion cubic meters (BCM) to Egypt last year from the mammoth Leviathan gas reserve.

Third Pipeline to Boost Output at Israel’s Leviathan Gas Field

"The expansion will allow us to supply more energy to the local, regional and global market.”

British, UAE Gas Giants Make $4 Billion Bid for Israel’s NewMed Energy

NewMed holds a 45 percent stake in Israel’s Leviathan offshore gas field, the second largest gas field in the entire Mediterranean Sea.

Leviathan Gas Field Partners Prepare to Add LNG Terminal

The consortium aims to increase the total gas production capacity by an additional 9 bcm per year to reach approximately 21 bcm per year.

Israel’s Natural Gas Royalties Soar By 50% First Half of 2022

In the first half of 2021 total royalties were about NIS 557 million.

Qatar to Invest $60 Million in Israeli Gas Pipeline to Gaza

The “Gas for Gaza” initiative seeks to see natural gas pumped from Israel's Leviathan gas field into the Gaza Strip, according to Arab media.

Israel Expects Record Gas Revenues for 2020

"Israel is quickly becoming an energy powerhouse, an energy-exporting country."

Environment Ministry Halts Leviathan Gas Rig Operations Before First Gas Flow

"The tests have shown that no risk is expected for residents of the coastal communities at all stages of operations, including at the time of the initial tests.”

Crucial Step: Leviathan Offshore Drilling Rig on Way to Israel

Leviathan is one of the world’s largest deep-water natural gas discoveries found in the first decade of the 21st century.

Israel-Egypt Pipeline to Bring Big Money to Both Countries

The deal, worth $518 million, provides a 39 percent stake and gives the partners exclusive rights to use and lease the pipeline that connects Israel with Egypt.

Report: Israel Advised Egypt is Best Option for Gas Exports to Europe

Israel was advised not to export natural gas through Turkey, which was labeled a "dangerous and volatile" player in the region.

Egypt’s Dolphinus to Begin Gas Re-Exports from Israel in 2019

Egypt was the one who exported gas to Israel; this deal has raised some controversy among the Cairo's business people.

Egypt’s El-Sisi: Cairo ‘Scored a Goal’ With Israeli Gas Deal

El-Sisi said the agreement furthers his vision of transforming Egypt into a regional energy hub.

Egypt Signs $15 Billion Deal to Import Israeli Natural Gas

Let's watch the effect of taxes from the deal on Israel's own energy market. At the moment, a gallon of gas still costs Israeli motorists around $6.8 – most of which are taxes.

Delek Group Announces Final Go Ahead for Leviathan Off Shore Drilling

The Partnership intends to finance its share in the Leviathan Reservoir development costs, inter alia, through credit from a consortium of local and foreign finance providers

Noble Energy, Delek to Speed Up Israeli Gas Production at Leviathan

The development partners of the Leviathan gas field are planning to start the pipes flowing by 2019.

Oil Prices Hitting Barrel Bottoms: Good News for Israel

Oil prices in the U.S. dropped to around $27 per barrel last week, worrying investors and raising the hopes of those who placed their bets on the Leviathan gas field in Israel.

Leviathan’s First Deal Signed With Israeli-Turkish Consortium

An Israeli-Turkish consortium has signed the first contract for natural gas with the Leviathan development group.

New Israeli Gas Field Discovered, ‘Greatest Potential Since Leviathan’

A new natural gas reservoir has been discovered off the coast of Israel, about the same size as the Tamar gas field.

Israel’s Leviathan Developers Ink Gas Deal With Egypt

At last, the developers of the Leviathan natural gas field have inked a preliminary deal with Egypt; terms of a final deal are to be negotiated "soon."

Israel Reaches Gas Deal with Noble Energy, Delek Ltd. Group

The Israeli government has reached a deal on natural gas development with the Noble Energy - Delek Ltd. consortium.

Millionaire Geologist Langotsky to Knesset Committee: Don’t Sell Offshore Gas to Egypt – Are...

“For the sake of Israel’s security, it should keep the natural gas it has found in the country, and convert everything it can to operate on gas.”

Security Cabinet Unanimously Approves Moving Quickly to Develop and Expand Israel’s Gas Fields

The Security Cabinet unanimously decided it is of decisive importance to move quickly to develop and expand the natural gas fields that have been discovered off Israel's coasts.

US Secy of State Kerry is Shareholder in Noble Energy’s Israeli Gas Group

US Secy John Kerry turns out to be a helpful shareholder in Israeli natural gas exploration group partner Noble Energy.

Ancient Leviathan Fossils Found in Arava Valley

Archaeologists and scientists have found remains of what may have been an ancient Leviathan in the Arava Valley, not far from the Dead Sea.

Will Israel Destroy Its Own Energy Independence, Break Deal with Delek, Noble Energy?

Israeli government considers forcing an end to partnership between Delek and Noble Energy groups on the Leviathan and Tamar natural gas fields; other investors are watching - and waiting.

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Printed from: https://www.jewishpress.com/news/business-economy/2023-saw-record-revenues-from-israels-offshore-natural-gas-fields/2024/02/27/

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