Showing posts with label Calik. Show all posts
Showing posts with label Calik. Show all posts

Thursday, February 27, 2014

The Likelihood of a Leviathan-Turkey Pipeline | NATURAL GAS EUROPE

February 27th, 2014 12:00am

The Leviathan partners, Noble Energy and Delek are reportedly in talks for the construction of a pipeline running from the giant Israeli field to the Turkish coast. The Turkish companies taking part of the talks are Calik, Turcas, Enka and Zorlu. The pipeline would cost an approximative amount of USD 2 million. The undersea pipeline from Israel’s Leviathan to Southern Turkey would be therefore a less costly endeavor than building and onshore LNG terminal, a project that would not only require larger amounts of funds but also require an adequate coastal site. The pipeline to Turkey would provide somewhere between 8 t 10 bcm of gas per year costing USD 7 - USD 9 million BTU.