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Egypt signs first agreement for Israeli gas

Egypt signs first agreement for Israeli gas

Report summary

On 18 March the partners of Israel's Tamar field signed a gas sales agreement (GSA) with Dolphinus Holdings Limited, a consortium of private Egyptian gas consumers and distributors.  The GSA calls  for the supply of 5 bcm of gas via the existing Eastern Mediterranean Gas (EMG) pipeline to Egypt.  The terms of the GSA provide for an interruptible supply of surplus Tamar gas over a seven year period, with the buyer responsible for transportation via the EMG pipeline.

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