Houston-based Noble energy and its partners in Israel’s 10 tcf Tamar offshore gas field have signed a non-binding letter of intent with Spain’s Union Fenosa Gas to supply natural gas to fuel the 5mn tons/year Segas Liquefied Natural Gas (LNG) liquefaction plant in Damietta, Egypt.
Segas has been mothballed since December 2012 as the Egyptian gas that had fuelled the plant was increasingly diverted to meet shortfalls on the domestic market. (CONTINUED - 1018 WORDS)