Israel | Egypt Oil & Gas - Part 2

EMGF Second Meeting Concludes in Cairo

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

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

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 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 Corp ...

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

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 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 barrel ...

Israel, Egypt Gas Partners Acquire Controlling Stake in EMG Pipeline

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

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

West Africa, Israel Sign $1b Clean Energy Deal

West African states have signed a new deal with Israel aimed at boosting the region’s struggling power sector.

West Africa Loading Program Emerge

Angola’s May program emerged with 54 cargoes, or 1.67mb/d, versus 53 cargoes in April. Less than 10 cargoes remain available from Angola's April program, while around 20 cargoes from Nigeria's April program were stil ...

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