Israel, Greece, Cyprus and Italy have agreed to build an East Mediterranean gas pipeline. The $7 billion-dollar project will lay a pipeline from Israel to Europe to supply gas to the European countries. The new project will allow for Israel to expand their energy distribution and will also minimize the need and influence from Arab…
A new agreement was reached between Israel and Egypt to deliver natural gas from the Leviathan and Tamar fields direct to Egypt. The beneficial deal represents a milestone reached between the two Middle Eastern neighbors. Noble Energy and some selected partners will acquire approximately 39% equity interest in Eastern Mediterranean Gas Company. The $200 million-dollar…
