Israeli field may supply gas to Egyptian facility

[Sally]

It would be nice to see Egypt and Israel get real close when it comes to doing business and cooperating with each other.


Israeli field may supply gas to Egyptian facility

Delek Drilling is in negotiations with British company BG for deal estimated at $30 billion

BY AP June 30, 2014

4:00 am 0Email Print Share An aerial view of an Israeli offshore gas rig (photo credit: Albatross Aerial photography/Noble Energy/Flash90/File)NEWSROOMEmail the Newsroom Facebook TwitterRELATED TOPICSLEVIATHAN GAS FIELD EGYPT-ISRAEL GAS PIPELINE NATURAL GAS IN ISRAEL

One of the developers of a natural gas field off Israel’s Mediterranean coast on Sunday said it has signed a letter of intent to provide gas to a facility in Egypt.

Delek Drilling said it is negotiating a deal to provide seven billion cubic meters of natural gas from the offshore Leviathan gas field to British company BG’s plant in Idku, Egypt, through an underwater pipeline annually for 15 years.

An industry official familiar with the deal said it could be valued at about $30 billion — which would be the largest energy deal in Israel’s history. He spoke on condition of anonymity because he was not authorized to comment on the deal.

Until recently, Egypt provided natural gas to Israel. But following the ouster of President Hosni Mubarak in 2011, supplies were disrupted and eventually halted.

Read more:

Israeli field may supply gas to Egyptian facility | The Times of Israel

 

[Mr. H.]

Looks like Israel needs to get its act together...

RIGZONE - Israel Must Improve Erratic and Unclear Oil Gas Regulations

The state of Israel still has to do a lot of work in order to improve "erratic and unclear" regulations if it is to produce stable conditions for the oil and gas industry to flourish.

 

[Sunni Man]

Egypt doing business with Israel is like dealing with the devil. ......

 

[Roudy]

Doing business with Palestinians is like?

And what do Arabs / Muslims have to offer the modern world, that is of any use other than oil, and then tons of hatred, violence, and barbarism?

 

[Roudy]

It would be nice to see Egypt and Israel get real close when it comes to doing business and cooperating with each other.


Israeli field may supply gas to Egyptian facility

Delek Drilling is in negotiations with British company BG for deal estimated at $30 billion

BY AP June 30, 2014

4:00 am 0Email Print Share An aerial view of an Israeli offshore gas rig (photo credit: Albatross Aerial photography/Noble Energy/Flash90/File)NEWSROOMEmail the Newsroom Facebook TwitterRELATED TOPICSLEVIATHAN GAS FIELD EGYPT-ISRAEL GAS PIPELINE NATURAL GAS IN ISRAEL

One of the developers of a natural gas field off Israel’s Mediterranean coast on Sunday said it has signed a letter of intent to provide gas to a facility in Egypt.

Delek Drilling said it is negotiating a deal to provide seven billion cubic meters of natural gas from the offshore Leviathan gas field to British company BG’s plant in Idku, Egypt, through an underwater pipeline annually for 15 years.

An industry official familiar with the deal said it could be valued at about $30 billion — which would be the largest energy deal in Israel’s history. He spoke on condition of anonymity because he was not authorized to comment on the deal.

Until recently, Egypt provided natural gas to Israel. But following the ouster of President Hosni Mubarak in 2011, supplies were disrupted and eventually halted.

Read more:

Israeli field may supply gas to Egyptian facility | The Times of Israel

Israel rushing into the 21st century, while Muslims are rushing backwards into the 7th, violently.