LNG

Noble Energy, the US company with natural gas assets in the East Mediterranean offshore Israel, said it had executed multiple infrastructure agreements to support delivery of natural gas from the Israeli Leviathan and Tamar fields to Egypt.

Sept 10 (LNGJ) - The Egyptian Zohr natural gas field in the East Mediterranean, which is allowing Egypt to cease LNG imports, has reached new high production levels of 2 billion cubic feet per day and higher rates are expected in 2019. “This outstanding result has been achieved only a few months after the first gas in December 2017 and one year before the schedule of the plan of development,” said Italian energy company Eni, the field operator. “The latest achievement reinforces the exceptional development path of the Zohr project, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s independence from LNG imports,” said Eni. “Eni, its partner, Egyptian Natural Gas Holding Company (EGAS) and their joint venture company Petrobel aimed to reach a plateau in excess of 2.7 bcf per day in 2019,” added Eni.

Egypt is on track to halt LNG imports by year-end as natural gas production was ramped up at its large-scale discovery in the East Mediterranean, about 180 kilometres offshore from Port Said and in waters of 1,500 metres in depth.