Nitzana would ease an energy crisis in Egypt, which has spent billions of dollars on importing liquefied natural gas and is part of a concerted effort to boost Israeli gas exports to the Arab world’s most populous nation.
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The Nitzana pipeline route will transport around 600 million cubic feet of natural gas per day, once construction finishes in about three years, Chevron said, adding this would bring Israel’s total export capacity to Egypt to more than 2.2 billion cubic feet per day.
Reporting by Shadia Nasralla and Stephanie Kelly; Editing by Emelia Sithole-Matarise and Bernadette Baum
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Writes about the intersection of corporate oil and climate policy. Has reported on politics, economics, migration, nuclear diplomacy and business from Cairo, Vienna and elsewhere.
A New-York-based correspondent covering the U.S. crude market and member of the energy team since 2018 covering the oil and fuel markets as well as federal policy around renewable fuels.