Chevron Corporation announced on Tuesday the resumption of natural gas flow through the East Mediterranean gas pipeline from Israel to Egypt.
This move comes after a month-long suspension due to the ongoing conflict between Israel and Hamas in Gaza.
In an official statement, Chevron Mediterranean Ltd confirmed that the natural gas flow through the pipeline resumed on November 14, 2023. The export flow had been halted since October 10, just three days after the outbreak of the conflict.
The East Mediterranean gas pipeline, extending from the city of Ashkelon in southern Israel, approximately ten kilometers north of Gaza, to Al-Arish in Egypt, plays a critical role in the region’s energy infrastructure.
The 90-kilometer pipeline serves as the primary link between the Leviathan offshore gas field, operated by Chevron, and Egypt. The Leviathan consortium includes Chevron, the Israeli company NewMed Energy, and Ratio Energies.
Additionally, Chevron disclosed that it had resumed the supply of natural gas from the offshore Tamar field on Monday, following a month-long suspension initiated by Israel due to the violence in the region.
The resumption of operations marks a significant step in stabilizing the region’s energy supply amidst ongoing geopolitical tensions.
The restoration of gas flow through the East Mediterranean pipeline is expected to have considerable implications for both Israel and Egypt, strengthening their position in the regional energy market and potentially easing tensions in a conflict-prone area.
