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Displaying 1 - 10 of 38 articles
Israel has asked Australian LNG firms to develop its recently discovered large offshore natural gas reserves, media reports said. "He said Israel wanted to expand its LNG industry and was interested in what Australia has to offer. The LNG industry is going to develop in Israel. They are crying out for...
ATP Oil & Gas Corporation and its wholly-owned subsidiary ATP East Med B.V. have commenced drilling at the Shimshon well in the Levant Basin offshore Israel. The well is in the water depth of 3,622 feet with a target depth of 14,764 feet. The company expects to announce the results in the third...
Egyptian companies have terminated a long-term deal to supply Israel with natural gas. The moves places Israel in risk of facing summer power outages due to energy shortages. Ampal-American Israel Corporation, a partner in the East Mediterreanean Gas Company (EMG), which operates the...
Noble Energy Inc. has said that it will make every effort to meet, and possibly beat, the April 2013 target date for natural gas production at the Tamar field. A report in Globes has said that Israel sees a vital need in the rapid planning and construction of an additional natural gas terminal in the country.
Israel's newest offshore natural gas find is likely to be smaller than earlier estimated, Delek Drilling and Avner Oil Exploration announced Friday. The Tanin gas reserves are estimated to hold 1.1 trillion cubic feet of gas, lower than 1.2 TCF announced by Noble Energy in February. Noble Energy is...
The Tzemach Committee on Energy Policy has recommended keeping half of Isarel's gas reserves for domestic use and rest for exports, media reports said. The committee, chaired by director general of the Energy and Water Resources Ministry Shaul Tzemach, said that the country should have 400 billion cubic...
The Tamar partners have announced the signing of a non-binding letter of intent to sell liquefied gas to Gazprom Marketing & Trading Switzerland, a subsidiary of Gazprom Marketing & Trading Ltd. As per the agreement, the price of gas will be set according to the price of natural gas in Asia.
Israel will permit the export of natural gas beyond a basic amount that it will retain as a national reserve, under the recommendations of the Tzemach committee on the structure of the future gas economy. The recommendations are due to be published in the next few weeks. Discussions have been taking...
Noble Energy is expected to construct an underground pipeline from Block 12 to Cyprus, Globes reported. The exercise is part of a venture to set up an LNG terminal off Cyprus's southern coast that will be to enable exports to Europe and Asia. The pipeline would be 300 kilometers long and may cost up...
Israel is planning to bring in the India as a party in the development of its natural gas fields. With Israeli minister of energy and water resources Uzi Landau in India currently, reports in the India media suggest that a deal may be signed soon in this regard. “Israel plans to attract investments...