Work at the West Nile Delta project. (© BP plc)
Two new deals will make it easier for Egypt to export its gas, bringing the country a step closer to its aim of becoming a regional hub.
Israel’s Delek Drilling, United States-based Noble Energy and Egyptian East Gas Co. agreed last week to buy 39% of East Mediterranean Gas (EMG), which owns the pipeline linking the Israeli and Egyptian gas grids. The 90-km pipeline is expected to restart exporting Israeli gas to Egypt soon.
Noble and its partners plan to sign an agreement by...
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