Israel-Egypt Gas ‘By End-Q2’: Is This Realistic?

Israel’s leading oil and gas company, Delek, says it plans to send gas to Egypt by the end of this quarter.

Delek and habitual Israeli partner US based Noble Energy, finalized a deal last February to supply a private Egyptian firm Dolphinus with up to 700mn cfd of gas ( MEES, 23 February 2018 ). The deal envisages interruptible volumes up to 350mn cfd from the two firms’ 11tcf Tamar field, and 350mn cfd firm volumes from the 22tcf Leviathan field which is due to start up in Q4 this year.

But any estimates on the start-up of shipments need to be taken with a pinch of salt after the firm said in January that exports to Egypt would begin in March. The plan is for the gas to flow from Ashkelon on Israel’s coast via the offshore EMG pipeline to Arish in Egypt. (CONTINUED - 971 WORDS)

DATA INSIDE THIS ARTICLE

chart Israel’s Tamar* Saw Record Output In Each Quarter Last Year, Peaking At 1.09bn Cfd In Q3...
chart ...Boosting Israel* Gas Output To A Record 1bn Cfd (10.36bcm) For 2018