Tamar Partners May Supply Gas to Egypt

Tamar Partners are in talks to sell natural gas from the Tamar and Leviathan fields to customers in Egypt, according to Israel’s business newspaper Globes.

In a notice to the Tel Aviv Stock Exchange on Friday, Delek Drilling confirmed, for the first time, that talks were being held, Globes said.

Energy companies that operate Egypt's two liquefied natural gas (LNG) plants were participating in the talks, the daily reported. The LNG plants at Damietta and Idku are operated by BG Group and Union Fenosa Gas.

These plants are currently only operating at partial capacity because of the natural gas shortage in Egypt.

Plans are also afoot to deliver gas from Tamar field to Egypt via pipeline.