Noble Signs Deal to Supply Israeli Gas to Egypt

摘要

The developers of Israel's giant Leviathan gas field and a private Egyptian firm announced an agreement on Wednesday that could see Israeli gas flow to Egypt for the first time ever, provided the sides can clear a number of remaining legal and political hurdles. Under the letter of intent, private Egyptian consortium Dolphinus Group is seeking 4 billion cubic meters of gas per year via a pipeline from the offshore Leviathan field, Israel's biggest. The deal, which will last 10 - 15 years, will be oil - indexed to Brent crude.