IzBiz: Egyptian-Israeli gas pipeline to flow in opposite direction; zip around the Dead Sea on a …

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Delek Drilling, the Tel Aviv-listed oil and gas company, announced last week it had completed a deal for the rights to operate an existing undersea gas pipeline to Egypt.

The Israeli company, together with its partners Noble Energy and the Egyptian Natural Gas Holding Company, will assume control of the venture that will see Egypt buy Israeli gas for the next 15 years…read more

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