{"id":625596,"date":"2018-08-09T03:49:00","date_gmt":"2018-08-09T03:49:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/"},"modified":"2018-08-09T03:49:00","modified_gmt":"2018-08-09T03:49:00","slug":"gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/","title":{"rendered":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Go inside the web of private operators who are helping turn Egypt into the region\u2019s premier energy hub:<\/strong> Operators of Israel\u2019s Leviathan gas field are finalizing an agreement with their Egyptian partner that would bring Egypt closer to its goal of becoming the export hub for natural gas from the East Mediterranean. The agreement, which will come through setting up multiple offshore companies, will kill two birds with one stone: Securing a 10-year, USD 15 bn agreement <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/20\/dolphinus-reportedly-signs-usd-15-bn-natural-gas-agreement-with-israel\/\">signed in February<\/a><\/u> with Alaa Arafa\u2019s Dolphinus Holding to export gas from Tamar and Leviathan to Egypt early next year \u2014 and cutting and spacing out arbitration rulings that have long held up any gas import agreement between Egypt and Israel.<\/p>\n<p><strong>The transaction \u2014 enter East Gas:<\/strong> Israel\u2019s Delek, Noble Energy (Delek\u2019s Texas-based partner on the Leviathan gas field in Israel) and Egyptian partner East Gas will acquire a 37% stake in the East Mediterranean Gas Company (EMG). EMG is held by, among others, businessmen Sam Zell and Yosef Maiman, <u><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-08-08\/delek-noble-and-egypt-are-said-to-put-final-touches-on-gas-deal\">people familiar with the matter tell Bloomberg<\/a><\/u>. Delek and Noble are in the process of setting up a Cyprus-based joint venture, which would then partner with a Netherlands-based company set up by East Gas. This new partnership, also based in Holland, would buy the 37% stake in EMG.<\/p>\n<p><strong>The transaction would give the partners ownership of EMG\u2019s pipeline, which links Israel to Egypt. <\/strong>Under terms of the agreement, Delek, Noble and East Gas, will finalize technical due diligence on the pipeline after the initial buyout agreement is signed. They would then transfer the money to the EMG shareholders involved, sources said, adding that the agreement would go through regardless of the condition of the pipeline. The companies are planning to start gas imports from Israel in the beginning of next year.<\/p>\n<p><strong>It is not yet clear who owns East Gas<\/strong> \u2014 <u><a href=\"http:\/\/www.eastgas.com.eg\/index.html\">their website appears to have been under construction<\/a><\/u> since 2016 \u2014 but we wouldn\u2019t be surprised to see Dolphinus in there somewhere.<\/p>\n<p><strong>Clearing arbitration cases:<\/strong> The buyout by the two companies and their Egyptian partner in effect settles three of the four arbitration cases that had blocked the gas-import agreement, sources told Bloomberg. The Egyptian government has reached an agreement to reduce the USD 1.76 bn international arbitration ruling against EGAS, EGPC and East Mediterranean Gas (EMG) for failure to supply Israel Electric Corporation (IEC) with gas in 2012.<\/p>\n<p><strong>The fine would be reduced to around USD 470 mn and would be amortized over a period of around 15 years<\/strong>, according to two of the people directly involved in the talks. Negotiations are ongoing over which which bank would issue a letter of credit, they added. IEC wants \u201ca top-tier international lender,\u201d while Egypt is pushing for the National Bank of Egypt. Either way, any resolution to the case clears the largest hurdle between a gas import agreement between Israel and Egypt. For years, the Ismail cabinet had made resolving this case a condition for the agreement.<\/p>\n<p><strong>What about the other arbitration cases?<\/strong> Maiman and other shareholders of EMG had also won USD 1.03 bn in damages from the state in a Cairo arbitration court <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/19\/did-an-egyptian-court-really-order-egpc-and-egas-to-pay-emg-usd-1-03-bn-in-damages\/\">back in February<\/a><\/u>.The sources did not make clear how this case fators into the agreement. Also unclear so far is how the new partnership resolves a USD 270 mn arbitration case with Spanish Egyptian Gas Company (SEGAS), which runs the Damietta liquefaction plant and is 80% owned by Spain\u2019s Union Fenosa. <u><a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL4N196366\">Union Fenosa Gas had filed a complaint with the ICC in 2013<\/a><\/u> alleging that \u201cits state partner had failed to comply with contracts by halting gas supplies in 2012 and not making payments.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go inside the web of private operators who are helping turn Egypt into the region\u2019s premier energy hub: Operators of Israel\u2019s Leviathan gas field are finalizing an agreement with their Egyptian partner that would bring Egypt closer to its goal of becoming the export hub for natural gas from the East Mediterranean. The agreement, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":625597,"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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"204b9c0c-09bc-43dc-b4d9-e486a372b9d2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/8\/461.jpg","photo_position":"above","related_issue":[625591],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies - 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\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies\" \/>\n<meta property=\"og:description\" content=\"Go inside the web of private operators who are helping turn Egypt into the region\u2019s premier energy hub: Operators of Israel\u2019s Leviathan gas field are finalizing an agreement with their Egyptian partner that would bring Egypt closer to its goal of becoming the export hub for natural gas from the East Mediterranean. The agreement, which [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-09T03:49:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies\",\"datePublished\":\"2018-08-09T03:49:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\"},\"wordCount\":614,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\",\"name\":\"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-08-09T03:49:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/","og_locale":"en_US","og_type":"article","og_title":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies","og_description":"Go inside the web of private operators who are helping turn Egypt into the region\u2019s premier energy hub: Operators of Israel\u2019s Leviathan gas field are finalizing an agreement with their Egyptian partner that would bring Egypt closer to its goal of becoming the export hub for natural gas from the East Mediterranean. The agreement, which [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-08-09T03:49:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies","datePublished":"2018-08-09T03:49:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/"},"wordCount":614,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/","name":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1","datePublished":"2018-08-09T03:49:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/09\/gas-imports-from-israel-reducing-fines-egypts-gas-hub-plans-coming-through-offshore-companies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Gas imports from Israel, reducing fines, Egypt\u2019s gas hub plans coming through offshore companies"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/461.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":631159,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/12\/is-shell-nearing-a-usd-25-bn-agreement-that-could-see-egypt-become-an-east-med-export-hub\/","url_meta":{"origin":625596,"position":0},"title":"Is Shell nearing a USD 25 bn agreement that could see Egypt become an East Med export hub?","author":"enterpriseam admin","date":"12 March 2018","format":false,"excerpt":"Is Shell nearing a USD 25 bn agreement that could see Egypt become an East Med gas export hub? Shell is reportedly in talks to buy gas from the Israel\u2019s Leviathan and Cyprus\u2019 Aphrodite gas fields in a USD 25 bn, 10-year agreement, Israel\u2019s Globes reports citing a report from\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":621354,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/israel-may-struggle-to-deliver-gas-to-egypt-in-contracted-volume\/","url_meta":{"origin":625596,"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":625170,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/noble-delek-east-gas-sign-agreements-paving-the-way-for-gas-exports-to-your-favorite-new-regional-gas-export-hub\/","url_meta":{"origin":625596,"position":2},"title":"Noble, Delek, East Gas sign agreements paving the way for gas exports to your favorite new regional gas export hub","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"We just became the East Med\u2019s premier energy hub: The operators of Israel\u2019s Leviathan and Tamar gas fields, Noble Energy and Delek, along with their Egyptian partner East Gas, have signed agreements to acquire a 39% stake in pipeline operator East Mediterranean Gas (EMG). This paves the way for 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\/2018\/8\/461.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631053,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/08\/all-conditions-met-to-export-gas-from-leviathan-to-jordan-partners-say\/","url_meta":{"origin":625596,"position":3},"title":"All conditions met to export gas from Leviathan to Jordan, partners say","author":"enterpriseam admin","date":"8 March 2018","format":false,"excerpt":"The partners in Israel\u2019s natural gas field Leviathan announced that all conditions have been met to allow the supply of gas to Jordan\u2019s electric company, Reuters reports. \u201cThey said the capacity of the pipeline that will connect to Jordan via a direct pipeline and one that runs via Egypt would\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":621947,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/egypt-finalizes-settlement-with-israel-on-usd-1-76-bn-intl-arbitration-ruling\/","url_meta":{"origin":625596,"position":4},"title":"Egypt finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling","author":"enterpriseam admin","date":"22 November 2018","format":false,"excerpt":"Egypt finalizes settlement with Israel on USD 1.76 bn int\u2019l arbitration ruling: The Madbouly government has finalized a settlement to reduce a USD 1.76 bn award Israeli Electric Company won in 2012 against EGAS, EGPC and East Mediterranean Gas (EMG), unnamed government sources told the domestic press. The settlement, awarded\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":651921,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/absence-of-a-regional-gas-agreement-could-be-why-noble-is-delaying-developing-leviathan\/","url_meta":{"origin":625596,"position":5},"title":"Absence of a regional gas agreement could be why Noble is delaying developing Leviathan","author":"enterpriseam admin","date":"23 February 2017","format":false,"excerpt":"Is Noble Energy getting cold feet in its development of Israel\u2019s Leviathan gas field? In a piece for Globes, Amiram Barkat asks why has there been no official and binding decision to develop the Leviathan gas reservoir. He says the key behind the delay is that the development of Leviathan\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\/625596","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=625596"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625596\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/625597"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625596"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625596"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}