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Letter from the Middle East: Iran-Israel war risks dire straits
A blockade of the Strait of Hormuz would have reverberations that would sound around the world
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
The oil risk premium fable
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
Oil cannot escape Mideast conflict forever
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
IOCs undeterred by Middle East conflict
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
The Middle East conflict and the oil price puzzle
An escalation in the conflict could threaten global oil supplies, so why is the market not reacting?
UK-listed Pharos to ramp up Egyptian activities
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
Israel-Hamas war clouds energy prospects
The threat of a big disruption to energy trade in the Middle East appears to be receding, but the fog of war is casting doubt on projects in the region
Israel seeks East Med investment boost
With an eye on market opportunities at home and abroad—especially Europe—Israel launches a fourth offshore bidding round, determined to expand its impressive development of Levant Basin gas
Energean maps out East Med plans
The independent is developing fields off the coasts of Israel and Egypt
Israel Egypt Noble Energy
Gina Cohen
5 October 2018
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Israel-Egypt gas export deal shapes up

Practical steps have been taken that could eventually enable gas from Israel’s offshore to be piped to Egypt

Israel's Delek, the US-based firm Noble and Egypt's East Gas have established a company (Emed) to buy 39% of the 26in, 90km (56-mile) East Mediterranean Gas pipeline for $518m. This investment, combined with a transportation agreement, will provide the partners with the exclusive rights to use all the pipeline's capacity. Of the $518m, the Leviathan and Tamar offshore gasfield partners will each pay $125m, whilst Delek and Noble will each pay another $60m. Most significantly, the East Gas company, which also owns the pipeline from Aqaba in Jordan to el-Arish in Egypt, will invest $148m, which is a considerable amount for Egypt. This strategic partnership with a leading Egyptian infrastructur

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