Gulf Oil and Gas accountACCOUNT

The Egyptian Cypriot Hope Pipeline to Cost $1B

Source: Gulfoilandgas.com - Articles 5/14/2018, Location: Africa

Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, agreed to establish the hope pipeline, which shall link the Aphrodite gas reserve (4,5 tcf) of Cyprus to the Egyptian infrastructure, so that the Cypriot gas is liquefied in the LNG plants in Egypt and then be re-exported to Europe and Asia. The estimated cost of the pipeline will be $1B.

Reversing the Gas Flow

The "Egypt Gas Puzzle" series was created by Gulfoilandgas.com to highlight the geopolitics of Egyptian Natural Gas development and to document a revisited strategy for monetizing gas discoveries in the Eastern Mediterranean that includes the new Egypt. Reversing the Flow article was published on April 2nd, 2014, to explain how can Egypt's idle gas export infrastructure realize the energy security needs of Egypt and the region. It also suggested the most economic way for monetizing new gas discoveries offshore Cyprus via the "Hope pipeline".

Articles in the Egypt Gas Puzzle series:

Oil and Gas Pipeline >>

Oil and Gas Pipeline News in Egypt >>

Australia >>  7/8/2019 - Australian gas consumers will soon benefit from new gas supplies after leading energy infrastructure company, Jemena, commenced construction of the At...
United States >>  7/3/2019 - Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, o...

Senegal >>  7/1/2019 - Penspen has partnered with MJMEnergy, a leading gas and energy consultancy, for the gas-to-power study early development phase in Senegal. Penspen wil...
United States >>  6/28/2019 - Kinder Morgan, Inc., through its subsidiary Hiland Crude, LLC (Hiland Crude), and Tallgrass Energy, LP, through its subsidiary Tallgrass Pony Express ...

United Arab Emirates >>  6/27/2019 - Abu Dhabi National Oil Company (ADNOC) said on Thursday it had completed a deal for BlackRock and KKR to buy a 40% stake in ADNOC Oil Pipelines for $4...
United States >>  6/25/2019 - Kinder Morgan, Inc. issued the following statement after the Travis County District Court dismissed all claims made against the Permian Highway Pipeli...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

Oil & Gas Projects in Egypt >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.