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.

'Turkish-Cypriot conflict ultimate obstacle to Eastern Mediterranean energy development' | Jerusalem Post

'Turkish-Cypriot conflict ultimate obstacle to Eastern Mediterranean energy development'

02/27/2014 18:28

EU expert: Natural gas potentials of Cyprus, Israel could strengthen ties with neighboring countries by forging partnerships.

gas rig
The Homer Ferrington gas drilling rig. Photo: REUTERS
The question of Cypriot sovereignty presents an obstacle that inhibits energy advancements in the entire Eastern Mediterranean region, a Greek-German expert on European Union integration and enlargement issues said Wednesday.

Dr. Angelos Giannakopoulos, an adjunct professor of sociology at Germany’s University of Dortmund, was addressing a Tel Aviv University forum on energy cooperation in the Eastern Mediterranean and its potential impact upon EU integration and enlargement. He said that, although the natural gas potentials of both Cyprus and Israel could strengthen relations with neighboring countries by forging partnerships, the ongoing 40-year conflict between Turkey and Cyprus inhibits these collaborations from moving forward.

“Existing and future alliances, as well as cooperation potentials deriving from energy strategies of all countries concerned, will surely have an impact on still unsolved political conflicts,” Giannakopoulos said.

Giannakopoulos has for years conducted extensive research regarding European identity, relations between the EU and Turkey, modernization in southeast Europe, corruption and anti-corruption in the EU, and most recently, energy cooperation in the Eastern Mediterranean.

In addition to his position at Dortmund, Giannakopoulos is currently lecturing in Tel Aviv University’s European Studies Program.

Currently the natural gas reservoirs particularly of interest to potential export recipients are Israel’s approximately 535-billion cubic meter Leviathan basin and the Cypriot 198-b.cu.m.

Aphrodite reservoir, adjacent to Leviathan. The largest stakeholders in both of these reservoirs are Houston- based Noble Energy and the Israeli Delek Group.

Although the Israeli government approved a policy capping exports at 40% on June 23, 2013, the question remains to whom the Leviathan partners will export the gas that has not been reserved for the domestic market.

The CEO of Australian firm Woodside, which is likely to join the Leviathan partnership at the end of March, last week expressed a preference to construct a floating liquefied natural gas (F-LNG) facility off Israel’s shore for exports to Asia.

Nonetheless, a medley of other export options is still under exploration – such as a pipeline to Turkey with or without distribution to the European market, usage of a future Cypriot onshore LNG facility, usage of largely abandoned Egyptian LNG facilities, and various combinations of all of the above.

Despite the less-thanenormous quantities of gas discovered thus far in the Eastern Mediterranean compared to those in other parts of the world, Giannakopoulos argued that the region is “well placed to become the future natural gas supply of the EU, constituting an important alternative to Russian or Iranian gas, which will provide energy security to the EU.”

Although the gas discovered thus far in the Eastern Mediterranean belongs to Israel and Cyprus, both Greece and Turkey stand the chance to become important distribution hubs should the providers want to reach the European gas market, he argued.

“Israel, but also Greece and Cyprus as EU member states, can critically support the two pillars of EU energy policy – differentiation of energy sources and differentiation of energy routes,” Giannakopoulos said.

The Trans Adriatic Pipeline (TAP ), which will connect Greece via Albania to Italy and Western Europe, will transform the country into an important site for energy transfers to the EU, he explained. While politically, Greek hubs via Cyprus might be a feasible outlet for Israeli gas, a much more affordable export route would a pipeline to the shores of Turkey, Giannakopoulos stressed.

“Turkey may use its strategic position as an important transit country as well as its decisions regarding pipelines to achieve its wider aims in foreign policy,” he said, noting that a Turkish supplies could provide an attractive alternative to the EU over Russian and Iranian resources.

Yet at the moment, it is impossible to realize such a pipeline plan due to a number of political obstacles, such as the tense relationship between Israel and Turkey, he explained.

The first and foremost obstacle, however, is the dispute between Turkey and Cyprus over Cypriot sovereignty, according to Giannakopoulos.

Turkey does not recognize the existence of the Republic of Cyprus, and occupies the northern portion of the island. In return, the Republic of Cyprus has closed down all airports and seaports in the northern portion of the island.

In the current situation, Turkey would not accept Israeli gas that crosses through Cypriot waters, while the Cypriots would likewise prohibit Israel from funneling gas through their waters to Turkey, Giannakopoulos explained. However, there is no other path through which a pipeline carrying gas could convey the resource from Israel to Turkey.

In order for any energy cooperation in this sense to advance, Turkey would need to at the very minimum officially recognize the Republic of Cyprus, and the republic would need to open up the ports of the northern portion of the island, he explained. Ultimately, Giannakopoulos said, he envisions the eventual creation of two federal Greek and Turkish Cypriot states under one larger government, but that this longterm goal would not be a prerequisite for Eastern Mediterranean energy advancements.

Yet Giannakopoulos said he sees the recent relaunch of negotiations between Turkey and Cyprus, as well as simultaneous American pressure to solve the issue, as a positive sign.

“Settlement on Cyprus will greatly facilitate cooperation on energy matters among Israel, Cyprus, Turkey, and Greece,” Giannakopoulos said. “A settlement will significantly reduce security threats to gas exploitation exports, while at the same time reducing costs.”


Link to source: http://www.jpost.com/Enviro-Tech/Turkish-Cypriot-conflict-ultimate-obstacle-to-Eastern-Mediterranean-energy-development-343803

Tuesday, February 25, 2014

Israel: Regional Deals Amid Shaky Politics | Natural Gas Europe




February 25th, 2014 12:05am


Texas-based Noble Energy announced1 on 19 February the signing of gas agreements with Jordanian companies. Noble will supply natural gas from the Tamar field to Arab Potash and Jordan Bromine for use in their facilities near the Dead Sea. Sales are expected to commence in 2016, date that coincides with the expected completion of initial infrastructure work on the pipeline that will connect Israel to Jordan. According to Noble's press release, the price will have a floor of at least USD6.5 per thousand cubic feet of natural gas with an upside linked to Brent crude oil prices. The American giant expects gross revenues to reach USD500 million and actual sales to vary according to the quantities of natural gas purchased and oil prices at the time of sale. Noble Energy operates Tamar with a 36% working interest. Other partners in the estimated 10 Tcf Tamar include Isramco Negev 2 with a 28.75% working interest, Delek which holds 15.625%, Avner with 15.625% and Dor Gas Exploration which holds 4%.

ΔΕΝ ΕΙΜΑΣΤΕ ΣΟΒΑΡΟΙ ΚΑΙ ΧΑΣΑΜΕ ΤΟ ΤΕΡΜΑΤΙΚΟ | MEGA TV



Link to source: https://www.youtube.com/watch?v=nFwIeQtl7hM

Monday, February 24, 2014

Noble Energy to establish NIS 12 million energy training center at Ruppin College | Jerusalem Post

Noble Energy to establish NIS 12 million energy training center at Ruppin College

02/24/2014 17:10

The center will offer vocational training programs, workshops and seminars on natural gas.

noble energy center rupin
Mock-up of Noble Energy Center for Energy Studies at Rupin College. Photo: Courtesy
Noble Energy, a major player in Israel’s offshore gas industry, will be establishing a NIS 12 million center for training programs at the Ruppin Technological College, the company announced on Monday.

As part of a strategic cooperation agreement with the Emek Hefer-based college, Noble is set to fund the center, which will offer courses on natural gas and energy beginning in October. The center will provide vocational training programs, workshops and seminars for the Israeli market, as well as specialized courses for practical engineers, the company said.

Cook will serve as the company’s professional consultant to the center.

“We are excited and proud to come together with Ruppin Technological College to fulfill our shared vision of creating a center that will train the generation of the future, and provide an overall, professional and practical answer to the increasing needs of the industry, onshore and offshore,” he said.

Houston-based Noble Energy is one of the primary stakeholders in the largest of Israel’s eastern Mediterranean natural gas reservoirs, the 282 billion cubic meter Tamar and the neighboring 535b. cu. m.
Leviathan. Noble currently owns a 39.66 percent chunk of Leviathan, which will likely decrease to 30% if an expected deal with the Australian firm Woodside goes through at the end of March.

At Tamar Noble holds a 36% share.

Ever since Noble and its partners discovered the sizable amounts of gas off Israel’s shores, the company’s executives have spoken of strengthening opportunities in the local market.

“The gas reservoirs off the coast of Israel are an enormous opportunity for Israeli industry,” said Bini Zomer, director of corporate affairs and joint ventures at Noble Energy. “Over and above the saving of billions in energy costs, the tax revenues received by the state and cleaner air for the country’s residences, the natural gas industry brings additional workplaces to the economy.”

These workplaces, Zomer said, would be “directly in the gas industry itself, and indirectly [through] the increase in supporting service industries.”

He added that the changes would “also reduce production costs in high-energy plants.”

According to Zomer, the beginning of the gas flow from the Tamar reservoir in the spring of 2013 prompted “a spurt in demand for qualified workers” in the gas and oil industries.

“The professional training courses offered by the new center are intended to meet the increasing demand accompanying continuation of the conversion process, the development of the Leviathan reservoir and so on,” he said.

The center at Ruppin will be designed to train employees at different levels in the natural gas sector, with the country’s industry expected to employ thousands of medium- and long-term workers as infrastructure continues to develop.

Operators, installers, inspectors and welders will be critical to the gas distribution system, as well as to factories and at-sea drilling platforms, Noble said.

In its first stage, the center will train professionals through programs developed by the Natural Gas Authority and the Economy Ministry’s vocational training department.

In the second stage it will train professionals on marine drilling infrastructure and pipeline networks extending from sea to land.

Subject to final Economy Ministry approval, one track, set to begin in October, will target practical engineers, who will receive diplomas in mechanical engineering and certification to operate and install natural gas facilities.

The program will also offer professional training for facility installers, operators and welders.
Tammy Zuckerman, executive director of the Ruppin Technological College, expressed appreciation for the collaboration with Noble Energy, stressing the importance of building qualified manpower to equip a growing natural gas industry.

“For some time we have been looking for a strategic partner to help us develop the next technology branch – natural gas energy – so this collaboration with a leading player like Noble is the fulfillment of a dream,” Zuckerman said. “We are in the final stages of submitting documents to the supervisory authorities in order to open the different training tracks at Ruppin already this coming October.”


Link to article: http://www.jpost.com/National-News/Noble-Energy-to-establish-NIS-12-million-energy-training-center-at-Ruppin-College-342393