Egypt :We’re in Talks With Cairo on Underseas Gas Pipeline -Israeli Minister

Energy Minister Yuval Steinitz said this week that Israel and Egypt are discussing plans to lay an underseas pipeline that would connect Israel’s offshore gas field to Egypt.

“There’s no final decision yet, but there are talks,” Steinitz told Bloomberg in an interview in Cairo after he met with energy ministers from Egypt, Jordan and other countries to launch a regional gas forum Monday.

Steinitz said construction could begin as early as 2020 to deliver gas from Israel’s Leviathan and Tamar fields to plants in Egypt for liquefaction and re-export to Europe. The two plants currently stand idle.

The pipeline would also supplement or replace the EMG pipeline now linking Israel and Egypt, whose capacity is limited to 7 billion cubic meters a year and vulnerable to terror attacks.

An undersea pipeline would increase the export for potential for the two Israel fields, which are controlled by Delek Group and Noble Energy. (Ora Coren)

By Africafrique and agencies

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