{"id":544989,"date":"2022-03-30T03:45:18","date_gmt":"2022-03-30T03:45:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/a-gas-pipeline-running-between-israel-and-turkey-is-being-discussed\/"},"modified":"2022-03-30T03:45:18","modified_gmt":"2022-03-30T03:45:18","slug":"a-gas-pipeline-running-between-israel-and-turkey-is-being-discussed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/a-gas-pipeline-running-between-israel-and-turkey-is-being-discussed\/","title":{"rendered":"A gas pipeline running between Israel and Turkey is being discussed"},"content":{"rendered":"

<\/a> There\u2019s a new project to transport East Med gas to Europe:<\/strong> Turkey and Israel are in discussions to build a gas pipeline running between their two countries, a project that is being seen as part of the solution to the energy crisis in Europe, which is trying to reduce its reliance on Russian hydrocarbons. The idea has apparently existed for several years but in recent weeks conversations between the two countries have picked up, with a senior Turkish official telling Reuters<\/a> that \u201cconcrete decisions\u201d could be taken in the coming months.<\/p>\n

The plan:<\/strong> A subsea pipeline would link Israel\u2019s largest offshore gas field, Leviathan, to Turkey. This would allow Israel to ship its gas directly to Southern Europe.<\/p>\n

Needless to say, this would pose competition to Egypt Gas Hub\u2122:<\/strong> In recent years Egypt has positioned itself as the premier regional gas hub capable of transporting natural gas from the region to Europe. Currently there are no pipelines linking Europe with the Middle East, leaving Egypt\u2019s LNG terminals as the only way of shipping gas across the Med.<\/p>\n

The challenge for Egypt:<\/strong> The current capacity of Egypt\u2019s LNG infrastructure is not enough to turn the country into a major alternative gas supplier to the continent. The Idku and Damietta LNG plants have been running at maximum capacity<\/a> in recent months, leaving Egypt searching for solutions on how to further scale up its exports.<\/p>\n

This is why Egypt and Greece are looking at a pipeline of their own:<\/strong> The two countries are considering establishing a new subsea pipeline<\/a> that would allow Egypt to export gas directly to Europe.<\/p>\n

The Turkey-Israel pipeline has a major thing going for it: Cost.<\/strong> At EUR 1.5 bn, the pipeline would be significantly cheaper than the EUR 6 bn Israel-Italy line that was effectively scrapped<\/a> earlier this year.<\/p>\n

But there are a whole host of other things standing in the way<\/strong>, industry figures told Reuters. These range from complex regional geopolitics and competing territorial claims to questions about whether Israel can export enough gas to make it viable.<\/p>\n

Gas from Egypt + Israel remains is far less than what Russia sells Europe:<\/strong> Israel is planning to increase production at Leviathan to 24 bn cubic meters<\/strong> (bcm) a year. Compare that to Russia, which last year sent 155 bcm<\/strong> of natural gas to Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s a new project to transport East Med gas to Europe: Turkey and Israel are in discussions to build a gas pipeline running between their two countries, a project that is being seen as part of the solution to the energy crisis in Europe, which is trying to reduce its reliance on Russian hydrocarbons. The […]<\/p>\n","protected":false},"author":1,"featured_media":544990,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[92,93,72,297,89,91,218],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eastern-mediterranean","tag-energy","tag-enterpriseam","tag-europe","tag-israel","tag-oil-and-gas","tag-turkey","wpautop","entry"],"acf":{"mongo_id":"5f74868d-5813-436d-814b-ff72cfc781b1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/702.jpg","photo_position":"above","related_issue":[544976],"teaser":"","voice_url":""},"yoast_head":"\nA gas pipeline running between Israel and Turkey is being discussed - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/a-gas-pipeline-running-between-israel-and-turkey-is-being-discussed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A gas pipeline running between Israel and Turkey is being discussed\" \/>\n<meta property=\"og:description\" content=\"There\u2019s a new project to transport East Med gas to Europe: Turkey and Israel are in discussions to build a gas pipeline running between their two countries, a project that is being seen as part of the solution to the energy crisis in Europe, which is trying to reduce its reliance on Russian hydrocarbons. 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It\u2019s not happening anytime soon. That\u2019s according to Turkish Foreign Minister Mevlut Cavusoglu, who told reporters that a pipeline between the two countries will not be possible in the short term, Reuters reports.Refresher: The plan would see a subsea pipeline linking\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/87.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546451,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/17\/israel-wants-to-fill-europes-gas-supply-gap-and-egypt-could-be-key-to-the-plans\/","url_meta":{"origin":544989,"position":1},"title":"Israel wants to fill Europe\u2019s gas supply gap \u2014 and Egypt could be key to the plans","author":"enterpriseam admin","date":"17 May 2022","format":false,"excerpt":"Israel hopes to sign agreements to up its gas supply to Europe \u201cin the coming months,\u201d Reuters reports, as the continent continues its search for alternatives to Russian fossil fuels. 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Russia is proposing to pump the gas via the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574176,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/egypt-cyprus-talking-extensively-about-moving-ahead-with-gas-pipeline\/","url_meta":{"origin":544989,"position":4},"title":"Egypt, Cyprus talking \u2018extensively\u2019 about moving ahead with gas pipeline","author":"enterpriseam admin","date":"1 September 2020","format":false,"excerpt":"Egyptian and Cypriot officials are in \u201cextensive discussions\u201d on a planned natural gas pipeline linking the two countries, Al Mal reports, citing an unnamed government official. The construction of the pipeline is proceeding according to schedule despite the covid-19 pandemic, the official said, without mentioning dates or milestones. Once completed,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/10.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592776,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/ingl-poseiden-sign-mou-to-move-forward-on-israel-europe-gas-pipeline\/","url_meta":{"origin":544989,"position":5},"title":"INGL, Poseiden sign MoU to move forward on Israel-Europe gas pipeline","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"Is Israel getting closer to scuppering our energy ambitions? Israel Natural Gas Lines (INGL) signed an MoU yesterday with Greek-Italian JV IGI Poseidon to look into the technical, regulatory, and other issues of constructing a natural gas pipeline to Europe, the Israeli government-owned INGL said in a regulatory filing, according\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544989"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544989\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544990"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544989"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544989"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}