0
 

Noble deal expands Egypt gas supply prospects


Issue 378 - 12 Oct 2018
US independent Noble Energy and Israel’s Delek Drilling, partners in Israel’s Leviathan and Tamar gas fields, have teamed up with Egypt’s East Gas Company to buy a 39% stake in the Eastern Mediterranean Gas Company (EMGC) for $518m.EMGC operates a 90km pipeline connecting the Israeli pipeline network from Ashkelon to the Egyptian pipeline network near El Arish. In February, Noble signed an export deal with Egypt’s Dolphinus Holdings to supply gas from the two offshore fields into the Egyptian market over ten years.

Want to read more?

Medium article

£7

(Access to one 401-800 word article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register

Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667