{"id":548885,"date":"2022-08-25T04:00:15","date_gmt":"2022-08-25T04:00:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/"},"modified":"2022-08-25T04:00:15","modified_gmt":"2022-08-25T04:00:15","slug":"israeli-natgas-exports-surge-in-1h-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/","title":{"rendered":"Israeli natgas exports surge in 1H 2022"},"content":{"rendered":"

<\/a> All the more gas for us to liquefy:<\/strong> Israeli natgas exports surged 35% y-o-y in the first six months of the year as production increased at its two biggest fields in the eastern Mediterranean, Bloomberg<\/a>reports. Israel exported some 4.59 bn cubic meters (bcm) during the period as production surged 22% to 10.85 bcm, according to the country\u2019s energy ministry.<\/p>\n

A lot of this extra gas would have come our way:<\/strong> The ministry did not provide details on where the gas was exported, but Egypt is likely to have been the main recipient, being the biggest purchaser of Israeli gas. Currently, Egypt and Jordan are the only two countries that Israel exports gas to directly.<\/p>\n

There are big plans to send more of this gas across the Med:<\/strong> This comes as Israel and Egypt forge closer ties with Europe, which is suffering a historic energy crisis triggered by western sanctions on Russia. Under an agreement<\/a> signed in June, the EU will increase its imports of Israeli gas, which will be sent to Egypt, liquefied and shipped across the Mediterranean as LNG. The higher production volumes this year would help Israel boost sales to Europe under the new agreement, Energy Minister Karine Elharrar said.<\/p>\n

The caveats:<\/strong> Details of the agreement are yet to be worked out, including where the money will come from to build the vital infrastructure and how long it might take. The MoU didn\u2019t contain any commitments regarding export volumes.<\/p>\n

More where that came from: <\/strong>Production will rise further once drilling begins at the disputed Karish gas field<\/a> in the eastern Mediterranean, Elharrar said. Karish owner Energean expects production to start at the end of September.<\/p>\n","protected":false},"excerpt":{"rendered":"

All the more gas for us to liquefy: Israeli natgas exports surged 35% y-o-y in the first six months of the year as production increased at its two biggest fields in the eastern Mediterranean, Bloombergreports. Israel exported some 4.59 bn cubic meters (bcm) during the period as production surged 22% to 10.85 bcm, according to […]<\/p>\n","protected":false},"author":1,"featured_media":548886,"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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548885","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","wpautop","entry"],"acf":{"mongo_id":"9e4a2eda-3c70-436d-b628-7af0389e4047","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/8\/392.jpg","photo_position":"above","related_issue":[548874],"teaser":"","voice_url":""},"yoast_head":"\nIsraeli natgas exports surge in 1H 2022 - 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\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israeli natgas exports surge in 1H 2022\" \/>\n<meta property=\"og:description\" content=\"All the more gas for us to liquefy: Israeli natgas exports surged 35% y-o-y in the first six months of the year as production increased at its two biggest fields in the eastern Mediterranean, Bloombergreports. Israel exported some 4.59 bn cubic meters (bcm) during the period as production surged 22% to 10.85 bcm, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-25T04:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/392.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Israeli natgas exports surge in 1H 2022\",\"datePublished\":\"2022-08-25T04:00:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\"},\"wordCount\":281,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/8\/392.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Eastern Mediterranean\",\"energy\",\"EnterpriseAM\",\"Europe\",\"Israel\",\"oil and gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/israeli-natgas-exports-surge-in-1h-2022\/\",\"name\":\"Israeli natgas exports surge in 1H 2022 - 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The line would allow Israel to export more natgas into Egypt from its Leviathan and Tamar fields \u2014\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\/1\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546770,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/the-eu-is-working-on-an-agreement-to-import-israeli-gas-via-egypt\/","url_meta":{"origin":548885,"position":1},"title":"The EU is working on an agreement to import Israeli gas via Egypt","author":"enterpriseam admin","date":"29 May 2022","format":false,"excerpt":"The EU is working on an agreement to import more Israeli gas through Egypt as the bloc tries to secure new supplies and cut imports from Russia, according to documents seen by Bloomberg.The proposal: We could sign an MoU with the EU and Israel that would up the amount of\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\/5\/377.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547059,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/more-israeli-natural-gas-in-the-pipeline\/","url_meta":{"origin":548885,"position":2},"title":"More Israeli natural gas in the pipeline","author":"enterpriseam admin","date":"7 June 2022","format":false,"excerpt":"Egypt could soon be receiving more gas as Israel prepares to start production at disputed field: Israel could increase gas exports to Egypt and Jordan in the coming months as it moves to start production at the disputed Karish gas field in the eastern Mediterranean. Karish owner Energean said yesterday\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":544475,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/israel-is-now-sending-us-natural-gas-through-jordan\/","url_meta":{"origin":548885,"position":3},"title":"Israel is now sending us natural gas through Jordan","author":"enterpriseam admin","date":"6 March 2022","format":false,"excerpt":"Israel has begun exporting additional natural gas to Egypt through a pipeline traversing Jordan, Israeli energy company NewMed Energy \u2014 formerly Delek Drilling \u2014 announced in a statement (pdf) to the Tel Aviv bourse and securities regulator. Chevron and NewMed, which operate Israel\u2019s two biggest offshore reservoirs \u2014 the Tamar\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\/3\/59.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558441,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/egypt-could-liquefy-and-export-israeli-natgas\/","url_meta":{"origin":548885,"position":4},"title":"Egypt could liquefy and export Israeli natgas","author":"enterpriseam admin","date":"10 August 2021","format":false,"excerpt":"Damietta, Idku plants could become LNG import-and-export terminals for Israeli natgas: Oil Minister Tarek El Molla discussed with his Israeli counterpart Karine Elharrar during a phone call yesterday \u201cfuture plans\u201d to receive and liquefy Israeli natural gas at Egypt\u2019s LNG facilities (read: the Damietta and Idku liquefaction plants) before it\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\/2021\/8\/134.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556380,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/egypt-israel-in-talks-about-usd-200-mn-gas-pipeline\/","url_meta":{"origin":548885,"position":5},"title":"Egypt, Israel in talks about USD 200 mn gas pipeline","author":"enterpriseam admin","date":"24 October 2021","format":false,"excerpt":"Egypt and Israel are considering connecting their gas grids through a new USD 200 mn onshore pipeline that would run through North Sinai, the Israeli energy ministry said in a statement to Reuters on Thursday. 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