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Wednesday
15 Nov 2023

Chevron Says Natgas Flow Resumes Through Israel-Egypt Pipeline

15 Nov 2023  by reuters   

British Secretary of State for International Trade Kemi Badenoch walks outside Number 10 Downing Street, in London, Britain November 8, 2022. REUTERS/Toby Melville/File photo Acquire Licensing Rights
Chevron (CVX.N) said on Tuesday that natural gas flows through the East Mediterranean Gas (EMG) pipeline from Israel to Egypt had resumed after a month-long halt due to Israel's war with Hamas militants in Gaza.

"Chevron Mediterranean Limited (CML) can confirm that on November 14, 2023, the natural gas flow through the EMG pipeline resumed," it said in a statement.

Exports via EMG were halted on Oct. 10, three days after the conflict began.

The EMG pipeline runs from the southern Israeli town of Ashkelon, located some 10 km (6 miles) north of Gaza, to El-Arish in Egypt, where it connects to an onshore pipeline.

The 90-km pipeline is the main link between the Chevron-operated Leviathan offshore gas field and Egypt. The Leviathan consortium includes operator Chevron, Israel's NewMed Energy (NWMDp.TA) and Ratio Energies (RATIp.TA).

Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.

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