WhatFinger

The purchase of the rights in the el Arish-Ashkelon pipeline is an important and timely step.

Israel’s Stake in the Egyptian Natural Gas Pipeline: Strategic and Economic Benefits


By -- Oded Eran—— Bio and Archives--October 15, 2018

World News | Comments | Back To Full Article

Israel’s Stake in the Egyptian Natural Gas Pipeline: Strategic and Economic Benefits On February 19, 2018, the Israeli-American consortium that owns natural gas concessions in Israel's exclusive economic zone (EEZ), including gas fields Tamar and Leviathan, announced an agreement with the Egyptian Delphinus company. According to the agreement, estimated at $15 billion, an annual 3.5 BCM will be sold from each field, beginning in 2019. As such, Tamar, which is already active, and Leviathan, are together to supply 64 BCM over the next decade.
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