Egypt imported a record 826mn cfd of piped Israeli gas in November, the latest Jodi data shows, as Cairo looks to offset its own falling gas output in a bid to maintain near-record LNG exports. Production fell 35mn b/d month-on-month to 6.348bn cfd for November.
While imports from Israel fell 145mn cfd to 464mn cfd for October, they bounced back to nearly double to 826mn cfd for November. A key driver here will have been falling domestic gas demand in Israel itself, as well as the start-up of Greek firm Energean’s 1.4tcf Karish gas field (MEES, 20 January), freeing up more gas from the country’s two larger fields, 23tcf Leviathan and 13tcf Tamar, for export. (CONTINUED - 683 WORDS)