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Palm Hills to embark on USD 300 mn project to set up 15 Saudi schools. PLUS: Contact Financial, Brotinni, ISIS Organic, EFG Hermes, Ayadi, Vacsera
The developer also has plans to set up ten schools in the Egyptian market
Israel to up Tamar gas exports to Egypt by 4 bn cubic meters per year over the next decade
The increased volumes will depend on output from the Tamar field increasing
EKH wants in on the state’s privatization program. PLUS: Sawari Ventures USD 150 mn fund, Evolve gold investment fund, Fincart KSA HQ, Tamar ups production, Marakez loan
EKH also wants to set up electricity distribution stations under build-own-transfer agreements with the government
Israeli gas flows could return pre-war levels by next week
The East Mediterranean Gas has also restarted exporting Israeli gas to Egypt
Israeli gas flows to Egypt are increasing
Flows have risen to 350-400 mn cubic feet a day, up from 250 mn earlier in the month
Israeli gas imports ramping back up, but still at barely a quarter of pre-war rate
Israel is reportedly upping its gas exports now its domestic needs have been met
Eni says it will soon resume LNG exports from Egypt. Plus: Another China Energy project in the works.
Declining production and heightened demand caused the value of Egypt’s LNG exports to fall almost 60% y-o-y during the first…
Chevron resumes operations at Tamar + Egypt joins UAE, Sudan for military drills
Chevron will restart operations at its Tamar natural gas field in Israel, which supplies natgas to Egypt, after halting operations…
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