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Monday, Aug 26
Israeli gas partnerships reportedly in talks with Egyptian customers
- As energy firms rethink their commitment to Egypt, Israeli gas consortiums that own the Tamar and Leviathan gas fields are in talks to sell a portion of their gas to Egyptian customers, according to Globes.
- The report cites a notice to the Tel Aviv stock exchange by Delek Drilling (DKDRF.OB), a partner in the consortium; Noble Energy (NBL) owns a 36% stake in Tamar and a 39.6% stake in Leviathan.
- LNG plants at Damietta and Idku are operated by BG Group, and a joint venture of Italy's Eni (E) and Spain's Gas Natural SDG; exporting more gas would allow them to boost production after billions of dollars were invested in building the plants.