Israel

  • Egypt Maintains EMGF Presidency Until 2022

    Egypt Maintains EMGF Presidency Until 2022

    Tuesday, 9th March 2021

    The fourth ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) convened on March 9 and concurred that Egypt will continue its presidency of the EMGF led by the Minister of Petroleum and Mineral Resources, Tarek El Molla, until the end of 2021. 

  • EMGF Third Meeting Takes Place

    EMGF Third Meeting Takes Place

    Thursday, 16th January 2020

    The Minister of the Petroleum and Mineral Resources, Tarek El Molla, said that the Eastern Mediterranean Natural Gas Forum (EMGF), is responsible for the cooperation in order to overcome the challenges and the great changes in the region,

  • EMGF Second Meeting Concludes in Cairo

    EMGF Second Meeting Concludes in Cairo

    Thursday, 25th July 2019

    The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) was held in Cairo on July 24-25, as per the invitation of H.E Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources.

  • Egypt to Pay $500 MM to Settle Gas Case with Israel

    Egypt to Pay $500 MM to Settle Gas Case with Israel

    Monday, 17th June 2019

    The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have agreed to pay $500 million to settle a dispute with Israel Electric Corporation.

  • Pipeline Issues Delay Israeli Gas Flow to Egypt

    Pipeline Issues Delay Israeli Gas Flow to Egypt

    Monday, 18th March 2019

    Companies involved in the $15 billion gas deal revealed the issues in the pipeline will need more work than what was initially planned to start transporting natural gas.

  • Egypt Agrees $1.7B Settlement in Arbitration Case with Israel

    Egypt Agrees $1.7B Settlement in Arbitration Case with Israel

    Thursday, 22nd November 2018

    Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC).

  • Egypt-Israel Gas Deal: Pipeline Capacity Issue Casts Shadow over Gas Export Agreement

    Egypt-Israel Gas Deal: Pipeline Capacity Issue Casts Shadow over Gas Export Agreement

    Tuesday, 6th November 2018

    Israel's domestic pipeline infrastructure reportedly does not have the capacity to transfer the contracted quantities of natural gas from the Tamar and Leviathan fields to Egypt.

  • Saudi Arabia has ‘No Intention’ of Repeating 1973 Oil Embargo

    Saudi Arabia has ‘No Intention’ of Repeating 1973 Oil Embargo

    Tuesday, 23rd October 2018

    Saudi Arabian Energy Minister stated that the Kingdom does not plan to impose an oil embargo akin to that of 1973 in response to predictions that it may cut its supply of crude for global markets by 500,000 barrels.

  • Israel, Egypt Gas Partners Acquire Controlling Stake in EMG Pipeline

    Israel, Egypt Gas Partners Acquire Controlling Stake in EMG Pipeline

    Monday, 1st October 2018

    Noble Energy, Delek Drilling and Egypt East Gas Company have purchased a 39% stake in the Eastern Mediterranean Gas Company (EMG), paving the way for Israel to begin exporting natural gas to Egypt.

  • Egypt’s Government Overseeing Gas Deal with Israel

    Egypt’s Government Overseeing Gas Deal with Israel

    Wednesday, 21st February 2018

    The agreement between private companies to import natural gas from Israel will be subject to the Egyptian regulations governing natural gas imports.