As consideration, INGL will pay Energean 369 million Israeli New Shekels, approximately US$102 million, which will be paid in accordance with milestones detailed in the Agreement.
Showing posts with label Natural Gas Infrastructure. Show all posts
Showing posts with label Natural Gas Infrastructure. Show all posts
Tuesday, June 25, 2019
Agreement signed with INGL for the transfer of near shore and onshore infrastructure - ENERGEAN OIL & GAS
London, 25 June 2019 - Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג) is pleased to announce that it has signed a Detailed Agreement (“Agreement”) with Israel Natural Gas Lines (“INGL”) for the transfer of title (the “hand over”) of the near shore and onshore part of the infrastructure that will deliver gas from the Karish and Tanin FPSO into the Israeli national gas transmission grid. An MOU with INGL was signed in December 2018.
Sunday, April 7, 2019
Egypt, Jordan sign agreement for operation, maintenance of natgas pipeline - ENTERPRISE
Sunday, 7 April 2019
Egypt and Jordan signed on Friday a long-term contract to operate and maintain Jordan’s natural gas pipeline, according to an Oil Ministry statement.
Egypt and Jordan signed on Friday a long-term contract to operate and maintain Jordan’s natural gas pipeline, according to an Oil Ministry statement.
State energy companies Enppi and Petrojet are also currently working on a project to expand the natural gas network in Jordan, which should be inaugurated this October, Minister Tarek El Molla previously said.
Tuesday, March 19, 2019
Cyprus seeks EUR 150 mln EIB financing for Nat gas infrastructure - FINANCIAL MIRROR
19 March, 2019
Cyprus is in talks with the European Investment Bank (EIB) for over a €150 mln in financing for the construction of infrastructure to transport natural gas to the island, said Finance Minister Harris Georgiades.
EIB President Werner Hoyer appeared optimistic that the credit institution will be able to take part in the project.
“From 2013 until today we have signed financing agreements of a value of €1.5 billion,” the Finance Minister said at a Nicosia press conference Monday.
“Half of that amount is aimed at small and medium size enterprises through Cypriot banks, this has contributed in a decisive way to the Cypriot economy’s recovery,” he added.
The government aims to maintain and expand on financing programmes for small and medium size enterprises.
Cyprus is in talks with the European Investment Bank (EIB) for over a €150 mln in financing for the construction of infrastructure to transport natural gas to the island, said Finance Minister Harris Georgiades.
EIB President Werner Hoyer appeared optimistic that the credit institution will be able to take part in the project.
“From 2013 until today we have signed financing agreements of a value of €1.5 billion,” the Finance Minister said at a Nicosia press conference Monday.
“Half of that amount is aimed at small and medium size enterprises through Cypriot banks, this has contributed in a decisive way to the Cypriot economy’s recovery,” he added.
The government aims to maintain and expand on financing programmes for small and medium size enterprises.
Subscribe to:
Posts (Atom)


