(The Cradle)
Chevron, Israel Natural Gas Lines sign deal to build Nitzana pipeline to Egypt
Chevron announced today that it has reached an agreement with Israel Natural Gas Lines, the state-owned pipeline operator, to begin building the Nitzana pipeline, which will transport gas from the Leviathan field to Egypt.
Just last month, Leviathan’s owners, NewMed, Chevron, and Ratio Energies, signed a $35 billion deal to export gas to Egypt. The field holds an estimated 600 billion cubic meters of reserves.
According to Chevron, the Nitzana pipeline will deliver around 600 million cubic feet of gas per day once completed in about three years, raising Israel’s export capacity to Egypt above 2.2 billion cubic feet per day.
Gas producer Energean also announced plans to ship up to 2 billion cubic meters of gas annually through Nitzana from its Katlan offshore field, expected to come online in 2027






















