{"id":591318,"date":"2019-12-03T04:27:36","date_gmt":"2019-12-03T04:27:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/natgas-exports-from-israels-leviathan-on-schedule-to-hit-egyptian-market-in-a-few-weeks\/"},"modified":"2019-12-03T04:27:36","modified_gmt":"2019-12-03T04:27:36","slug":"natgas-exports-from-israels-leviathan-on-schedule-to-hit-egyptian-market-in-a-few-weeks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/natgas-exports-from-israels-leviathan-on-schedule-to-hit-egyptian-market-in-a-few-weeks\/","title":{"rendered":"Natgas exports from Israel\u2019s Leviathan on schedule to hit Egyptian market in a few weeks"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Natgas exports from Israel\u2019s Leviathan on schedule to hit Egyptian market in a few <\/strong><strong>weeks:<\/strong> 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, Noble Energy Vice President for Regional Affairs Binyamin Zomer said at a conference, <a href=\"https:\/\/www.reuters.com\/article\/israel-natgas-noble-energy\/israels-leviathan-to-begin-supplying-gas-by-end-of-month-noble-idUSL8N28C2AK\">according to Reuters<\/a>. According to Zomer, Noble and Delek \u2014 which operate the Leviathan and Tamar offshore fields \u2014 expect to kick off their natgas exports to Egypt \u201cin the weeks right after\u201d starting to supply gas to the local market.<\/p>\n<p><strong>How much gas are we getting?<\/strong> Alaa Arafa\u2019s Dolphinus Holding had <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/03\/israel-to-boost-gas-supply-to-egypt-by-34-after-changes-to-landmark-agreement\/\">signed an agreement in October<\/a> with Noble and Delek to amend their landmark 2018 gas import agreement to increase the supply of natural gas to Egypt by 34% to 85.3 bn cubic meters (bcm). The value of the agreement is now USD 19.5 bn, up from an original USD 15 bn. Exports from Leviathan will double to 60 bcm over 15 years and shipments from Tamar will fall to 25.3 bcm from 32 bcm. The first three years will see a total of 2.1 bcm sold annually, before growing to 6.7 bcm a year after that.<\/p>\n<p><strong>With regulatory and infrastructure hurdles out of the way, it looks like it\u2019s smooth sailing from here on out.<\/strong> The timeline is consistent with Noble and Delek\u2019s previous statements that indicated they would begin supplying gas to Egypt 2020. Trial gas shipments were originally supposed to begin in March 2019, with commercial sales beginning by the end of June, but capacity restrictions of Israel\u2019s domestic pipeline network caused delays. A series of Delek-led tests on the EMG pipeline in July removed any doubts about its integrity, confirming that it is fit to transport up to 7 bcm of natural gas per year.<\/p>\n<p><strong>Egypt has also been working to resolve several arbitration cases<\/strong> raised against the country for breaching supply agreements in the wake of the 2011 uprising. The government <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/17\/egypt-to-pay-israel-usd-500-mn-settlement-to-end-seven-year-gas-dispute\/\">paid a USD 500 mn settlement<\/a> to Israel in June for cutting gas shipments in 2012, and is still facing a <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/06\/thailands-ptt-energy-resources-files-usd-1-bn-lawsuit-against-govt-over-emg\/\">USD 1 bn lawsuit<\/a> from Thailand\u2019s PTT Energy Resources. The company claims that Egypt failed to meet gas deliveries and caused East Mediterranean Gas \u2014 in which it held a 25% stake \u2014 to fail to meet its contractual obligations to its customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, Noble Energy Vice President for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":591319,"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":[8572],"tags":[4884,1054,3814,72,89,2498,3813,2380,7114],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-alaa-arafa","tag-delek-drilling","tag-dolphinus-holding","tag-enterpriseam","tag-israel","tag-leviathan","tag-noble-energy","tag-speed-round","tag-tamar","wpautop","entry"],"acf":{"mongo_id":"11a03621-0041-4a1b-8a45-cb4b375e48fa","is_powered_by":true,"section_story_id":"8c2d9800-1781-4bfc-9f79-2ee484f5e08a","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/5\/857.jpg","photo_position":"above","related_issue":[591311],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Delek now\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621354,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/israel-may-struggle-to-deliver-gas-to-egypt-in-contracted-volume\/","url_meta":{"origin":591318,"position":1},"title":"Israel may struggle to deliver gas to Egypt in contracted volume","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"Israel may struggle to deliver gas to Egypt in contracted volume. Israel\u2019s domestic pipeline network reportedly does not have the capacity to carry all the natural gas the Tamar and Leviathan partners have contracted to sell to Egypt, according to a report by israel\u2019s TheMarker, picked up by Haaretz. Neither\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":592156,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/israels-leviathan-gas-field-said-to-begin-production-on-tuesday\/","url_meta":{"origin":591318,"position":2},"title":"Israel\u2019s Leviathan gas field said to begin production on Tuesday","author":"enterpriseam admin","date":"29 December 2019","format":false,"excerpt":"The on-again-off-again Leviathan gas field should begin production on Tuesday: Israel\u2019s Leviathan natural gas field should begin production on Tuesday after obtaining approval from the Israeli Environmental Protection Ministry, Reuters reports. Production of gas had been delayed from the field until the ministry assesses the field\u2019s greenhouse gas emissions. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":602414,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/delek-and-its-partners-want-to-export-even-more-gas-to-egypt\/","url_meta":{"origin":591318,"position":3},"title":"Delek and its partners want to export even more gas to Egypt","author":"enterpriseam admin","date":"27 March 2019","format":false,"excerpt":"Delek and its partners want to export even more gas to Egypt: Executives from Israel\u2019s Delek Drilling is in talks to sell even more natural gas to Egypt beyond the USD 15 bn agreement signed last year with Alaa Arafa-led Dolphinus Holding, according to Bloomberg. Under the agreement, Delek and\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":592067,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/israeli-gas-exports-to-egypt-face-possible-delays-again\/","url_meta":{"origin":591318,"position":4},"title":"Israeli gas exports to Egypt face possible delays, again","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Israeli gas exports to Egypt face possible delays \u2014 again: The Israeli Environmental Protection Ministry has briefly delayed the start of production from the offshore giant Leviathan natural gas field until it receives more data from energy companies on the field\u2019s greenhouse gas emissions, according to a ministry statement cited\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":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":591318,"position":5},"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 &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/591318","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=591318"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/591318\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/591311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/591319"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=591318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=591318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=591318"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=591318"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=591318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}