Israel to build third line to supply Egypt with gas from Leviathan field

Partners in Israel’s Leviathan offshore gas project announced Sunday that they have agreed to invest US$568 million to build a third pipeline that will allow increased production and exports of natural gas by Israel.

According to Reuters, the third pipeline will connect the well, located in deep waters in the eastern Mediterranean, to a production facility about ten kilometers offshore.

The Leviathan consortium includes operator Chevron and Israel’s NewMed Energy and Ratio Energies.