Leviathan Partners and BG Negotiating $30b Egypt Gas Deal

• Monday, 28th December 2015
• by Egypt Oil & Gas

The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt, Israeli business journal Globes reports. According to sources, the $30b deal will be signed before B...

Netanyahu Approves Leviathan Deal on National Security Grounds

• Sunday, 20th December 2015
• by Egypt Oil & Gas

Israeli Prime Minister, Benjamin Netanyahu signed a deal giving final approval for the development of the Leviathan natural gas field off Israel’s coast, reported Reuters. He described the deal as critical to na...

Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

• Tuesday, 24th November 2015
• by Egypt Oil & Gas

The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward for...

Israel Still Struggling to Produce Gas from Mediterranean

• Wednesday, 5th August 2015
• by Egypt Oil & Gas

Despite promising signs, Israel is still struggling to produce large amounts of natural gas from its Mediterranean fields, says Reuters. The Tamar field, estimated at around 10tcf of reserves, has only one operating p...

Noble Group Provides Egypt with LNG

• Sunday, 21st June 2015
• by Egypt Oil & Gas

Commodities trader Noble Group will supply a single liquefied natural gas (LNG) cargo to Egypt in late June after winning a closed tender launched two weeks ago, trade sources said. Egypt launched the tender to procur...