{"id":559399,"date":"2021-01-20T03:39:21","date_gmt":"2021-01-20T03:39:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/"},"modified":"2021-01-20T03:39:21","modified_gmt":"2021-01-20T03:39:21","slug":"paving-the-way-for-the-gas-hub","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/","title":{"rendered":"Paving the way for the gas hub"},"content":{"rendered":"

<\/a> We\u2019re on trac<\/strong>k to receive 7 bcm of natural gas from Israel through new and <\/strong>improved pipelines in the EastMed:<\/strong> Chevron, Delek Drilling and Israel Natural Gas Lines (INGL) will spend USD 235 mn to lay a new subsea pipeline and upgrade existing lines, enabling the companies to ship 7 bcm of natural gas to Egypt each year, Bloomberg<\/a> reports, citing a Delek statement. The new line will connect the Israeli coastal cities of Ashdod and Ashkelon, the latter of which is linked to Egypt via the EMG pipeline.<\/p>\n

In details:<\/strong> The new pipeline is expected to cost USD 228 mn with the remainder being spent on expanding other lines, Delek said, without specifying which pipelines would receive investment. Delek and Chevron will pay for 56% of the new line, and INGL \u2014 which will build it \u2014 will cover the remaining 44%.<\/p>\n

A year of imports:<\/strong> Egypt began importing gas from Israel\u2019s offshore Tamar and Leviathan gas fields under the landmark USD 19.5 bn<\/a> agreement in January last year<\/a>. Delek and former operator Noble Energy were reportedly<\/a> aiming to send 1.5-3 bcm Egypt\u2019s way in 2020 before gradually increasing the supply to 4-5 bcm in 2021 and 7 bcm in 2022. The agreement will see Egypt import 85.3 bcm of gas between 2020 and 2034.<\/p>\n

Chevron- The new company on the block:<\/strong> The US energy giant acquired Noble Energy<\/a> for USD 5 bn last year, giving it a 39.7% stake in Leviathan and 32.5% of Tamar.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re on track to receive 7 bcm of natural gas from Israel through new and improved pipelines in the EastMed: Chevron, Delek Drilling and Israel Natural Gas Lines (INGL) will spend USD 235 mn to lay a new subsea pipeline and upgrade existing lines, enabling the companies to ship 7 bcm of natural gas to […]<\/p>\n","protected":false},"author":1,"featured_media":559400,"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":[780,1054,93,72,89,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-chevron","tag-delek-drilling","tag-energy","tag-enterpriseam","tag-israel","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"355154ed-d968-4df5-ab54-bfeca9a341b6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/242.jpg","photo_position":"above","related_issue":[559391],"teaser":"","voice_url":""},"yoast_head":"\nPaving the way for the gas hub - 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\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paving the way for the gas hub\" \/>\n<meta property=\"og:description\" content=\"We\u2019re on track to receive 7 bcm of natural gas from Israel through new and improved pipelines in the EastMed: Chevron, Delek Drilling and Israel Natural Gas Lines (INGL) will spend USD 235 mn to lay a new subsea pipeline and upgrade existing lines, enabling the companies to ship 7 bcm of natural gas to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-20T03:39:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/242.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\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Paving the way for the gas hub\",\"datePublished\":\"2021-01-20T03:39:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\"},\"wordCount\":239,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/242.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Chevron\",\"Delek Drilling\",\"energy\",\"EnterpriseAM\",\"Israel\",\"oil and gas\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/20\/paving-the-way-for-the-gas-hub\/\",\"name\":\"Paving the way for the gas hub - 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Under the agreement, Delek and\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598743,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/delek-hopes-to-start-gas-exports-to-egypt-by-the-end-of-june\/","url_meta":{"origin":559399,"position":1},"title":"Delek hopes to start gas exports to Egypt by the end of June","author":"enterpriseam admin","date":"3 June 2019","format":false,"excerpt":"Delek looks set to meet its end-of-June target to start gas exports to Egypt: Israel\u2019s Delek Drilling is on track to begin commercial sales of natural gas to Egypt by the end of the month, with technical testing on the pipelines that will carry the gas currently underway, Deputy CEO\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595124,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/noble-delek-say-natural-gas-agreement-with-egypt-going-according-to-plan-to-calm-investor-concerns\/","url_meta":{"origin":559399,"position":2},"title":"Noble, Delek say natural gas agreement with Egypt going according to plan to calm investor concerns","author":"enterpriseam admin","date":"17 September 2019","format":false,"excerpt":"Noble, Delek attempt to allay fears of gas export delays to Egypt: The USD 15 bn agreement with Egypt is \u201cadvancing as it should,\u201d Israel\u2019s Noble Energy and Delek Drilling said on Sunday, according to Eran Azran\u2019s op-ed piece in Haaretz. The statements follow those made by US Deputy Energy\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\/1\/613.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596647,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/delek-finishes-tests-on-el-arish-ashkelon-pipeline-setting-up-emg-acquisition-for-august\/","url_meta":{"origin":559399,"position":3},"title":"Delek finishes tests on El Arish-Ashkelon pipeline setting up EMG acquisition for August","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"Delek Drilling has completed tests on the subsea Eastern Mediterranean Gas (EMG) pipeline linking Israel and Egypt, paving the way for Delek, Noble Energy and East Gas to complete their acquisition of a 39% stake in EMG by the end of August, the company said yesterday (pdf). The Israeli company\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":592679,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/delek-consortium-egypts-east-gas-acquire-39-stake-of-emg-pipeline\/","url_meta":{"origin":559399,"position":4},"title":"Delek consortium, Egypt\u2019s East Gas acquire 39% stake of EMG pipeline","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"EMG ownership transferred to Delek, Noble and East Gas: Ownership of the East Mediterranean Gas (EMG) subsea pipeline that runs between Egypt and Israel has been transferred to Israel\u2019s Delek Drilling, Texas-based Noble Energy and Egypt\u2019s East Gas, Bloomberg reports. The move brings us one (very significant) step closer to\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":591318,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/natgas-exports-from-israels-leviathan-on-schedule-to-hit-egyptian-market-in-a-few-weeks\/","url_meta":{"origin":559399,"position":5},"title":"Natgas exports from Israel\u2019s Leviathan on schedule to hit Egyptian market in a few weeks","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"Natgas exports from Israel\u2019s Leviathan on schedule to hit Egyptian market in a few weeks: Delek Drilling and Noble Energy expect to begin supplying natural gas from the offshore Leviathan field to the Israeli market within three weeks, after which exports to Egypt and Jordan from the field will begin,\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\/5\/857.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\/559399","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=559399"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559399\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559400"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559399"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559399"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}