Gulf Oil and Gas accountACCOUNT

Egypt Restarts Gas to Israel at Lower Levels

Source: Ahram Online 1/19/2012, Location: Africa

Share |
Egypt resumed pumping natural gas through local and international pipelines in North Sinai after repairing damage caused by a series of attacks, the state-run MENA news agency reported.

Energy industry officials in the Jewish state have confirmed that Egyptian natural gas is being received but at levels far below contractual obligations, MENA added. The Israeli business daily Globes also reported the country's gas supply from Egypt has been restored, although only partially.

The North Sinai pipeline has been blown up 10 times by unknown assailants since Egypt's former president Hosni Mubarak was deposed last February. The last attack took place on 18 December 2011.

According to Israeli officials quoted in Globes, the pipeline attacks may cause up to NIS15 billion ($4 billion) of cumulative damage to the Israeli economy if the gas flow from Egypt is not fully restored by mid-2013. Around that date Israel expects to begin receiving natural gas from the offshore Tamar reserve.

Following news of the resumption, Ampal-American Israel Corp, owner of a stake in a company exporting gas from Egypt to Israel, advanced 3.6 per cent on Tel Aviv's stock exchange.

Pipe Lining, coating & insulation >>

Pipe Lining, coating & insulation News in Egypt >>

Egypt >>  10/9/2017 - Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterran...
Ghana >>  10/9/2017 - The total oil production of developing countries (DCs) is estimated to grow by 0.09 mb/d y-o-y to average 12 mb/d in 2017, revised down by 0.02 mb/d i...

Mauritania >>  10/5/2017 - CH2M has been awarded a new marine engineering support contract on BP's innovative Tortue development offshore Mauritania and Senegal. The new energy ...
Ghana >>  10/4/2017 - Sparrows Group has formed Sparrows Offshore Ghana Ltd, a Joint Venture (JV) with local partner Hydra Group Limited, to deliver crane, lifting and insp...

Equatorial Guinea >>  10/2/2017 - Ophir Equatorial Guinea (Block R) Ltd, a 100% owned subsidiary of Ophir, has awarded the upstream construction contract for the Fortuna FLNG Project t...
Nigeria >>  9/27/2017 - Unique Group, one of the world’s most prominent integrated subsea and offshore solutions providers, has executed a dealer agreement with Norwegian-bas...

Related Categories: Anchors  CPVC Pipes  General  GRP Pipes  Hydraulic Hoses  Iron Pipes  Metallic Hoses  PE Pipes  Pigs  Pipe Cleaning Equipment  Pipe Drilling and Tapping  Pipe Inspection & Testing Equipment  Pipe Lining, coating & insulation  Pipe Locating Equipment  Pipe Repair  Pipe, Casing & Tubing  Pipeline Heating Equipment  Piping Accessories  Plastic Pipes  PP Pipes  PTFE Rods  PVC Pipes  PVDF Pipes  Rubber Hoses  Stainless Steel  Stainless Steel rods  Steel Pipes 

Related Articles: Anchors  General  Hydraulic Hoses  Pigs  Pipe Cleaning Equipment  Pipe Drilling and Tapping  Pipe Inspection & Testing Equipment  Pipe Lining, coating & insulation  Pipe Locating Equipment  Pipe Repair  Pipe, Casing & Tubing  Pipeline Heating Equipment  Piping Accessories  PVC Pipes  Rubber Hoses  Stainless Steel  Stainless Steel rods  Steel Pipes 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.