In-Cyprus: Noble and Delek Close to Egyptian LNG Deal

The Noble and Delek partners in the Israeli Tamar field are close to signing an agreement with Union Fenosa for the supply of natural gas to the Damietta liquefied natural gas (LNG) plant in Egypt, according to reports from the international press.

The move comes despite the fact that the Damietta plant is run by ENI, which recently discovered an estimated 30 trillion cubic feet (tcf) offshore Egypt.

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