11 Aug 2017

Bloomberg: Leviathan Partners in Talks to Pipe Israeli Gas to Egypt Via Jordan

Companies developing Israel’s largest natural gas reservoir are negotiating an alternative delivery route to key target market Egypt to skirt financial disputes that have held up an export deal, according to people in Egypt and Israel familiar with the matter.

Israel’s Delek Group Ltd. and Houston-based Noble Energy Inc., the major stakeholders in the Leviathan gas field, are in talks to sell about 3 billion cubic meters a year to Egypt’s Dolphinus Holdings Ltd., according to Dolphinus’s co-founder, Alaa Arafa.

Read more here: https://www.bloomberg.com/news/articles/2017-08-09/leviathan-partners-in-talks-to-pipe-gas-to-egypt-via-jordan-j658joiy