Offshore staff
TEL AVIV, Israel – Delek Group says the offshore Tamar gas field partners have signed a non-binding letter of intent with Dolphinus Holdings.
This concerns supplies of gas from Tamar to Dolphinus via the existing pipeline operated by East Mediterranean Gas (EMG Pipeline) for exclusive marketing to (mainly industrial) customers in Egypt.
The proposed binding agreement calls for a sale of 250,000 MMBtu/d over a period of seven years and a minimum of 5 bcm (3.6 tcf) over three years, depending on continued availability of surplus quantities.
Gas will head through the IGL transport system to Ashkelon, Israel, and from there to Egypt via the EMG pipeline.
The binding agreement will be subject to reception of all permits from the authorities in Israel and Egypt.
Dolphinus represents a consortium of non-governmental industrial and commercial gas consumers, gas distributors and entrepreneurs, headed by Dr. Alla Arfe.
Partners inTamar are:
Noble Energy Mediterranean (operator) 36.00%
Isramco Negev 2 28.75%
Avner Oil Exploration 15.625%
Delek Drilling 15.625%
Dor Gas Exploration 4.00%.
10/20/2014
