According to the Israeli Ministry of Energy, the government plans to give its support to a subsea pipeline project with a 10 bcm/year capacity that would link up Israel’s Leviathan gas field to Egyptian LNG terminals, and that could double the Israel’s gas export capacity to Egypt. In January 2020, Israel started to export gas from the Tamar and Leviathan offshore reservoirs to Egypt through the 90 km subsea East Mediterranean Gas (EMG) gas pipeline between Ashkelon (Israel) and El Arish (Egypt). The proposed offshore pipeline project would raise gas exports to Egypt, as Leviathan gas production is expected to ramp up. Indeed, Delek Drilling, which owns a majority stake in the Leviathan gas field (45.34%, in partnership with Noble Energy (39.66%) and Ratio Oil Exploration (15%)), has announced that the Leviathan gas field is expected to produce 10 bcm in 2021, i.e. 12% more than in 2020.
In January 2021, the partners in the Leviathan and Tamar gas fields offshore Israel agreed to invest ILS 765m (US$235m) to build a new 5.5 bcm/year gas pipeline between the Leviathan and Tamar reservoirs to EMG’s terminal in Ashkelon (southern Israel) that would be operated by Israel Natural Gas Lines (INGL), in order to export natural gas to Egypt.
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