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The East Mediterranean Gas (EMG) pipeline link is currently not equipped to send 700mn cfd of gas (7bcm/y) from Ashkelon in Israel to Arish in Egypt, as part of a February gas sales agreement between the partners in Israel’s 10tcf Tamar and 22tcf Leviathan fields and Dolphinus, a private Egyptian consortium, MEES learns.
Texas-based Noble Energy and its key partner offshore Israel, Delek, are partnered in both fields and are also in the process of taking operatorship of the 26” EMG pipeline. Taking a 39% stake, along with Egypt’s state gas firm Egas, for $518mn, was considered by the firms a facilitator towards executing the gas sales deal with Dolphinus ( MEES, 28 September ). (CONTINUED - 1563 WORDS)