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Report: Israel's Leviathan offshore field begins exporting gas to Egypt

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Essential Energy Insights - January 2021


Report: Israel's Leviathan offshore field begins exporting gas to Egypt

The Leviathan and Tamar offshore projects in Israel, being developed by Noble Energy Inc. and Delek Drilling LP, started exporting gas to Egypt's Dolphinus Holdings Ltd., Reuters reported Jan. 15.

According to Reuters' sources, Israel will initially deliver 200 MMcf/d of gas to Egypt. Gas exports to Dolphinus Holdings from the Leviathan offshore gas field is initially set at 2.1 billion cubic meters per year, ramping up to 4.7 billion cubic meters per year by the second half of 2022, Reuters reported, citing Delek.

Dolphinus Holdings is scheduled to get exports from the Tamar field later this year, according to the article.

The Egypt-based private company in October 2019 agreed to purchase 3 Tcf of natural gas from the Leviathan and Tamar offshore fields for a 15-year term.

The Leviathan natural gas project reported the production of its first natural gas at the end of 2019. Noble Energy serves as the operator and holds a 39.66% working interest in the Leviathan project, while Delek Drilling and Ratio Oil Exploration LP hold a 45.34% and 15% stake, respectively.