LNG

Delek Group of Israel and Noble Energy of the US have completed their acquisition of a stake and reverse capacity on the East Mediterranean Gas (EMG) pipeline from Arish in Egypt’s Sinai Peninsula to Askelon in Israel as part of an agreement to supply Dolphinus Holdings of Egypt from the Israeli Leviathan natural gas field.

Noble Energy and the Israeli Delek Group, owners of the huge Leviathan natural gas field in the East Mediterranean, have signed agreements with Golar LNG and Belgian shipping company Exmar to carry out engineering studies for a possible floating LNG production and export venture offshore Israel.