Tamar, Dolphinus LOI to supply Egypt with gas

Published

Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt. 

Map of Tamar field. From Noble.
 

Should an agreement be reached, Dolphinus will be supplied 2.5 billion cubic meters of gas from the Tamar field for seven years.

According to Tamar partners, they will supply a minimum, cumulative amount of 5 billion cubic meters over a period of three years. The gas will be transported using the IGL transport system to Ashkelon and from there to Egypt using the East Mediterranean Gas Ltd. pipeline.

According to Noble Energy, Tamar has gross mean resources of 10Tcf of natural gas. The field was discovered in 2009.

In September, gas sales agreements with Jordanian companies, Arab Potash Co. and Jordan Bromine Co., were signed with sales beginning in 2016.

In June, Noble announced that the Leviathan field consortium signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt.

In May Noble signed a 15-year, 2.5Tcf deal to export gas from the Tamar field to Egypt’s Damietta facility.

Noble operates Tamar with a 36% interest, with partners: Isramco Negev 2 (28.75%), Avner Oil Exploration (15.625%), Delek Drilling (15.625%) and Dor Gas Exploration (4%).

Read more:

Jordan utility company to receive Israeli gas

Leviathan group signs Egyptian export deal

Tamar in production

 

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