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2015-11-26 19:45:00

GAS FOR EGYPT: $10 BLN

GAS FOR EGYPT: $10 BLN

Partners in Israel's Leviathan offshore gasfield have reached a preliminary agreement to export gas to Egypt's domestic market over 10-15 years, setting up a deal worth an estimated $10bn over the period.

News of a memorandum of understanding between Leviathan and Egyptian group Dolphinus lifted Israeli energy stocks on Wednesday, after a period in which their prices had been depressed by regulatory uncertainty and concerns over competition from a newly discovered "supergiant" offshore gasfield.

Leviathan's four partners — Houston-based Noble Energy, and Israel's Delek, Avner and Ratio — said that Dolphinus…

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Tags: GAS, EGYPT, ISRAEL, LEVIATHAN

Chronicle:

GAS FOR EGYPT: $10 BLN
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

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GAS FOR EGYPT: $10 BLN
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

GAS FOR EGYPT: $10 BLN
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

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GAS FOR EGYPT: $10 BLN
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

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