Texas-Israel Partnership Seeks Rights to Supply Natgas to Egypt

March 7, 2018

 

 

Reuters reported that the partners, Texas-based Noble Energy and Israel's Delek Drilling, operating in the Tamar and Leviathan natural gas site off Israel's coast are in talks to buy the rights to use the East Mediterranean Gas (EMG) pipeline to supply gas to customers in Egypt. Delek said there was no certainty a binding agreement would be signed. Just last month, Egyptian company Dolphinus Holdings said it would buy $15 billion of Israeli natural gas in two 10-year agreements from Leviathan and Tamar.

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