{"id":599992,"date":"2019-01-16T05:03:09","date_gmt":"2019-01-16T05:03:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/"},"modified":"2019-01-16T05:03:09","modified_gmt":"2019-01-16T05:03:09","slug":"israel-egypt-in-early-talks-to-build-new-natgas-pipeline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/","title":{"rendered":"Israel, Egypt in early talks to build new natgas pipeline"},"content":{"rendered":"

<\/a> Egypt and Israel are in early talks to build a new underwater natural gas pipeline<\/b>, on which construction could begin as early as next year, Israeli Energy Minister Yuval Steinitz tells Bloomberg<\/a>. The line would allow Israel to export more natgas into Egypt from its Leviathan and Tamar fields \u2014 \u201cmuch more\u201d than the maximum 7 bn cubic meters (bcm) per year through the existing East Mediterranean Gas (EMG) pipeline. Egypt will begin importing Israeli gas in a few months' time as part of a USD 15 bn agreement<\/a> signed last year for 7 bcm per year over 10 years. The agreement will see Tamar and Leviathan operators Delek Group and Noble Energy supply natgas to Alaa Arafa\u2019s Dolphinus Holdings, most of which will be re-exported as liquefied natgas.<\/p>\n

Why is another pipeline necessary? <\/b>EMG\u2019s capacity is sufficient to carry the contracted amount into Egypt. But Israel\u2019s domestic pipeline network will need to be widened or supplemented by a second, parallel pipeline or an undersea link, earlier reports<\/a> had suggested. While few details were provided, the new pipeline could be part of the solution. It could also be paving the way for future deliveries of Israeli natgas to Egypt when Leviathan is operating at full capacity.<\/p>\n

Steinitz\u2019s remarks were made on the sidelines of the <\/b>East Med Gas Forum<\/b><\/a>, which took place in Cairo on Monday with attendees from Israel, Cyprus, Greece, Italy, Jordan, Palestine and Egypt. The participants agreed to establish a regional gas market, with Cairo serving as the new organization\u2019s headquarters. The next gathering is scheduled for April.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt and Israel are in early talks to build a new underwater natural gas pipeline, on which construction could begin as early as next year, Israeli Energy Minister Yuval Steinitz tells Bloomberg. The line would allow Israel to export more natgas into Egypt from its Leviathan and Tamar fields \u2014 \u201cmuch more\u201d than the maximum […]<\/p>\n","protected":false},"author":1,"featured_media":599993,"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":[168,92,93,72,91,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-diplomacy","tag-eastern-mediterranean","tag-energy","tag-enterpriseam","tag-oil-and-gas","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8f2b86c6-5cbf-465a-8757-85f952ec1b54","is_powered_by":true,"section_story_id":"86c6f803-816a-4f8f-a3a9-af6f9211e943","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/1\/723.jpg","photo_position":"above","related_issue":[599979],"teaser":"","voice_url":""},"yoast_head":"\nIsrael, Egypt in early talks to build new natgas pipeline - 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\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israel, Egypt in early talks to build new natgas pipeline\" \/>\n<meta property=\"og:description\" content=\"Egypt and Israel are in early talks to build a new underwater natural gas pipeline, on which construction could begin as early as next year, Israeli Energy Minister Yuval Steinitz tells Bloomberg. The line would allow Israel to export more natgas into Egypt from its Leviathan and Tamar fields \u2014 \u201cmuch more\u201d than the maximum […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-16T05:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/723.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\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Israel, Egypt in early talks to build new natgas pipeline\",\"datePublished\":\"2019-01-16T05:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\"},\"wordCount\":271,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/1\/723.jpg?fit=%2C&ssl=1\",\"keywords\":[\"DIPLOMACY\",\"Eastern Mediterranean\",\"energy\",\"EnterpriseAM\",\"oil and gas\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/israel-egypt-in-early-talks-to-build-new-natgas-pipeline\/\",\"name\":\"Israel, Egypt in early talks to build new natgas pipeline - 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Delek now\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\/3\/172.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":599992,"position":2},"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":565715,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/israels-delek-moves-to-sell-stake-in-tamar-to-uaes-mubadala\/","url_meta":{"origin":599992,"position":3},"title":"Israel\u2019s Delek moves to sell stake in Tamar to UAE\u2019s Mubadala","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"One of the Israeli natgas fields Egypt imports from could be getting a new shareholder: Israel\u2019s Tamar offshore field, which supplies Egypt with natural gas under a 2018 agreement, could be getting a new shareholder after Delek Drilling, one of the field\u2019s owners, signed a non-binding agreement to sell its\u2026","rel":"","context":"In "SPEED ROUND: 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