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While it is not officially a part of the Arab Gas Pipeline project, it branches off from the same pipeline in Egypt. The pipeline is built and operated by the East Mediterranean Gas Company (EMG), a joint company of Mediterranean Gas Pipeline Ltd (28%), the Israeli company Merhav (25%), PTT (25%), EMI-EGI LP (12%), and Egyptian General ...
According to the deal, gas from Israel will be brought via a pipeline to the LNG terminal on the Egypt's Mediterranean coast before being transported on tankers to the European shores. [12] Reports were afoot that Russia cut its exports to Europe on the same day "as a sign of displeasure at the deal signed in Cairo."
Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, operating in the field of natural gas transmission, distribution and processing. The company was established in March 1997. GASCO operates the gas grid with total length of 22,000 kilometres (14,000 mi).
The oilfield divestment can enable BP to focus on deepwater gas fields off the country's Mediterranean coast. BP to Divest Egyptian Oilfields, Eyes Natural Gas Reserves Skip to main content
The pipeline will diversify European gas supplies and lessen dependence on Russian Natural Gas. [ 15 ] [ 16 ] [ 17 ] In April 2019, the European Commission labeled the EastMed pipeline as a Project of Common Interest , having contributed €34.5 million (US$38.9 million) to complete technical studies for the project. [ 12 ]
The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects. [1]
The Arab Gas Pipeline was developed to facilitate exports to Jordan, Syria, and Lebanon, with a planned total length of 1,200 km, offering the potential to extend gas deliveries to Europe. [20] Additionally, Egypt developed its liquefied natural gas (LNG) infrastructure, with the Damietta and Idku LNG plants operated by Egyptian LNG and SEGAS ...
Within weeks, the Egyptian-Israeli gas pipeline had been sabotaged, and in April the former Egyptian petroleum minister had been arrested for alleged corruption related to the sale of gas to Israel. [63] The cessation of gas from Egypt meant that the Tamar project would come on-line as the sole gas supplier to Israel.