An Egyptian company is set to begin importing gas from Israeli offshore fields in the first quarter of 2019 and to re-export it as part of its plan to become a regional gas hub, sources in Egypt’s energy industry tell Reuters . In February this year, Israel’s Delek Group and Houston-based Noble Energy—the main partners in two large gas fields offshore Israel— signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings to supply gas in Egypt. These agreements, one for natural gas from Leviathan and one for Tamar, each provide for total contract quantities of 1.15 trillion cubic feet of natural gas. The natural gas sales, both under 10-year contracts, are expected to supply industrial and petrochemical customers as well as future power generation in Egypt, Noble Energy said back in February. The price of the gas to be supplied […]