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Free AccessChevron Halts Gas Exports via Israel-Egypt EMG Pipeline
Chevron has stopped natural gas exports via an offshore pipeline between Israel and Egypt and is using the alternative pipeline via Jordan, according to Reuters citing government sources.
- The decision follows an intensification in fighting between Israel and Hamas in Gaza.
- The 90km EMG pipeline spans from Askelon in southern Israel, 10km north of Gaza, to El-Arish in Egypt, where it connects to onshore pipeline networks. It is the main link between the Leviathan gas field and Egypt.
- Israel’s Energy Ministry confirmed it had requested the flows to be diverted. This follows the Energy Ministry’s request for a halt in production at the Tamar gas field in the south of Israel.
- According to Reuters’ sources, gas exports to Egypt via the Leviathan field have been reduced as Israel prioritises domestic consumption
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.