Industry experts already warning for Israel in quickly seal for its export deals with neighbors.
Regarding to the Egypt's nowadays prominent natural gas find, the industry experts also government officials already exploration on how Israel and Cyprus could facing a work with Cairo for their advanced sector in hydrocarbon. Dr. Charle Ellinas the CEO of e-CNHC or Cypriot E-C Natural Hydrocarbons Company said over Israel Energy and Business Convention in Tel Aviv, that probably Egypt will soon become self-sufficient but right now still need natural gas for domestic use in such short term.
But question popped up, are Egypt going to sign such agreements right now at times developing their own gas ? Ellinas discussing possibility of Israel in exporting gas to Egypt just after the latter's discovery over Zohr field. By end of August, Italian firm Eni, announcing already identified 849-billion cubic meter field if its correct then would be biggest in Mediterranean, that significantly larger compared to Israel’s 621 b.cu.m.
Leviathan.
No matter regarded to that Zohr find, Yuval Steinitz Ministry of National Infrastructure, Energy and Water, adding that Egypt still requiring additional natural gas for domestic purpose, in where Egypt could turn to Qatar or another gas rich countries for imports issue if ever Israel still continues its delay over Leviathan development.
Cyprus also eager in export gas to Egypt from 100 b.cu.m. And if ever Egypt does not require outside natural gas, then potential markets left for Israel and Cyprus in export their natural gas to Europe and Asia. Building pipeline through Turkey would definitely need solution over ongoing internal conflict in between of Greek also Turkish so Leviathan's solution cant be refused.
Ellinas said , it would be preferable for Israel in approving 2 export routes, due to some security reasons,in where one of routes can be in such short term, 5 to 7 year deal in export gas to Egypt till become self-sufficient country. Israel's export can be started in export to Europe by 2 phrases that are
- through CNG or marine compressed natural gas that shipments to southeastern also central portions of continent by 2019
- through future Southern Gas Corridor to Turkey in around 2020 to 2021, added Ellinas
Ellinas also stressing over importance in developing Leviathan in quickly time just due to Israeli domestic reasons also potential importers. The importance of cooperation between Israel, Cyprus and Egypt over natural gas sector in where partnership would be crucial matter toward prevention over another crisis in Egypt. By next few years, hopefully there is window opened in where Israel, Cyprus also Egypt need to work together due to the natural gas export issue.
