LNG

Feb 21 (LNGJ) - Noble Energy, the US exploration and production company with interests in US shale and East Mediterranean natural gas, said capital expenditure is expected to total between $2.7 billion and $2.9 billion in 2018, with almost 70 percent allocated to the US onshore program and over 25 percent to the East Med. Noble said US spending was expected to be around $1.8 billion. In the East Med, Noble’s expected expenditure of $750 million to make progress on the Leviathan development offshore Israel from where gas will be sold to Jordan, Egypt and the Palestinian Authority.

Noble Energy of US, the main production company in the East Mediterranean, said it began exporting natural gas from Israel for the first time to industrial customers in Jordan as part of a ramp-up of pipeline supplies in the region that may displace LNG shipments.