Israel’s Leviathan offshore natural gas field is expected to supply the Egyptian company Dolphinus Holdings with up to 4 billion cubic meters (141 million cubic feet) of gas per year for 10 to 15 years, according to a preliminary deal announced last week.
“We’ve worked with Dolphinus before and we expect to reach a final agreement quickly,” Yossi Abu, chief executive of the Israeli company Delek Drilling, told Reuters.
“The Egyptian market is thirsty for gas, both for domestic use and for their export facilities. There is a lot of room for cooperation there,” Abu said.
The Leviathan gas field is expected to begin gas production in 2019 or 2020. Texas-based Noble Energy and Israel’s Delek Group are jointly operating Leviathan as well as the Jewish state’s other offshore gas field, Tamar.
Send 'Warm Winter' Care Packages to Israeli Soldiers - They are Cold!
We are honored to thank the young men and women of the IDF who risk their lives every day to defend the citizens of Israel.
Join us in sending winter care packages and personal notes of support to Israeli soldiers who are out in the cold all day.
Warm up a soldier's heart with essential winter wear including fleece jackets. Keep an entire unit warm by ordering 10 packages... The soldiers truly appreciate your love and concern!