BG Group negotiates on Israel-Egypt Subsea Gas Pipeline

BG Group is negotiating a pipeline to transfer natural gas from Israeli fields to Egypt according to UK subsea industry website.

The field’s operator Noble Energy and its partners had signed a letter of intent with BG that could involve the supply of 200 bcf per year )  over 15 years  to BG’s liquefaction facilities in Idku.

The agreement is still pending the approvals from the authorities in Egypt and Israel.

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