{"id":615542,"date":"2024-02-20T00:00:00","date_gmt":"2024-02-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/20\/israel-to-up-tamar-gas-exports-to-egypt-by-4-bn-cubic-meters-per-year-over-the-next-decade\/"},"modified":"2024-02-20T00:00:00","modified_gmt":"2024-02-20T00:00:00","slug":"israel-to-up-tamar-gas-exports-to-egypt-by-4-bn-cubic-meters-per-year-over-the-next-decade","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/20\/israel-to-up-tamar-gas-exports-to-egypt-by-4-bn-cubic-meters-per-year-over-the-next-decade\/","title":{"rendered":"Israel to up Tamar gas exports to Egypt by 4 bn cubic meters per year over the next decade"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>We\u2019<\/strong><strong>re getting more gas from Israel: <\/strong>The Israeli Energy Ministry has greenlit anagreement that will see Israel increase its gas exports to Egypt from Chevron\u2019s offshore Tamar field starting July 2025, according to Israeli newspaper <a target=\"_blank\" href=\"https:\/\/www.calcalist.co.il\/market\/article\/hjltxxaia\" style=\"\" rel=\"noopener\">Calcalist<\/a>. Under the agreement, Israel will raise gas exports by an additional 4 bn cubic meters (bcm) annually for the next 11 years \u2014 triple what is currently exported from the field, according to the Israeli outlet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fine print: <\/strong>The increased volumes will depend on output from the Tamar field increasing,the expansion of its export capacity, and Chevron and its partners laying a third pipeline between the wells and production rig.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Partners in the Tamar field on Sunday <a target=\"_blank\" href=\"https:\/\/www.timesofisrael.com\/chevron-partners-greenlight-24m-investment-to-boost-gas-production-at-offshore-site\/\" style=\"\" rel=\"noopener\">agreed to invest<\/a> USD 24 mn to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8eba25dd-53e9-4273-bd8e-6e1afb5b2f99\" style=\"\" rel=\"noopener\">expand<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8eba25dd-53e9-4273-bd8e-6e1afb5b2f99\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8eba25dd-53e9-4273-bd8e-6e1afb5b2f99\" style=\"\" rel=\"noopener\">production<\/a> by up to 1.6 bn cubic feet a day by 2026, up 60% from current production levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming:<\/strong> Then-Israeli Energy Minister Israel Katz said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c08bc0ac-2dd6-4c8e-95b3-c3a8cb6003a6\" style=\"\" rel=\"noopener\">last August<\/a> that Israelwould increase gas exports to Egypt from Tamar by 3.5 bcm per year over the next 11 years, with the potential for this to increase to 4 bcm per year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s part of a plan to supply gas to the EU<\/strong> as the continent looks to phase out reliance onRussian fossil fuels. To this end, Egypt and Israel signed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/613a0e7e-2a74-4d1b-8b28-0c9660944559\" style=\"\" rel=\"noopener\">landmark gas export agreement<\/a> in June 2022 to allow Israel to send more gas to Egypt\u2019s LNG facilities for export to Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increased volumes will depend on output from the Tamar field increasing<\/p>\n","protected":false},"author":1,"featured_media":615543,"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":[780,7378,93,72,89,91,7114],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-chevron","tag-egypt-israel-relations","tag-energy","tag-enterpriseam","tag-israel","tag-oil-and-gas","tag-tamar","wpautop","entry"],"acf":{"mongo_id":"361907e6-fffa-41dc-a4f8-95ecd318388a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1865.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Israel to up Tamar gas exports to Egypt by 4 bn cubic meters per year over the next decade","related_issue":[615535],"teaser":"The increased volumes will depend on output from the Tamar field increasing","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.d91a788c-5ebb-4679-8f43-9b7a1a4f916b.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Chevron and Delek Drilling, which operate Israel\u2019s two biggest offshore reservoirs \u2014 the Tamar and Leviathan gas fields \u2014 will\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\/2022\/2\/219.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591785,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/israeli-govt-green-lights-gas-exports-to-egypt\/","url_meta":{"origin":615542,"position":2},"title":"Israeli gov\u2019t green-lights gas exports to Egypt","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Israel green-lights gas exports to Egypt: Israeli Energy Minister Yuval Steinitz yesterday gave the all-clear for Israel to begin exporting natural gas to Egypt, paving the way for the first gas shipments to arrive next month, according to the Jerusalem Post. 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