NewMed FLNG Terminal

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(Redirected from Delek FLNG Terminal)
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NewMed FLNG Terminal is a proposed floating LNG export terminal in Israel.[1]

Location

The FLNG's mooring location remains to be determined.

Project Details

  • Operator:
  • Owner: NewMed Energy
  • Parent company: NewMed Energy
  • Location: to be determined
  • Coordinates:
  • Capacity: 2.4 mtpa - 5 mtpa[1]
  • Status: Proposed[1]
  • Type: Export[1]
  • FID Status: Pre-FID[2]
  • Start Year:

Background

In August 2019, Israeli energy company NewMed Energy, then known as Delek Drilling, announced agreements for negotiating engineering services for a floating liquefied natural gas (FLNG) facility offshore Israel for gas from the Leviathan gas field. Delek is developing the basin offshore Israel, which has estimated resources of 21.3 trillion cubic feet (Tcf). It’s a joint venture with U.S. independent producer Noble Energy (39.66%) and Israeli firm Ratio Energy (15%). The project will allow Israel to become a gas exporter, according to researchers. The joint venture is negotiating with Belgian maritime service provider Exmar and Bermuda-based shipping company Golar LNG to enter into a binding long-term charter agreement with the winner to finance, build, operate and maintain the facility. The Flng terminal will process between 2.4 and 5 million tons per year of natural gas, to then be shipped worldwide via LNG vessels.[1]

In February 2021, Energy Voice reported that Delek Drilling was continuing to discuss potential collaboration with Exmar, although talks with Golar LNG had ended, and that the company was seeking to hire LNG expertise.[3]

In February 2022, Delek Drilling rebranded itself as NewMed Energy and released a new strategic plan including increasing its exposure to the LNG market.[4]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 Delek considers LNG terminal offshore Israel, Kallanish Energy, August 1, 2019
  2. Stuart Elliot, FEATURE: Cyprus eyes progress on Aphrodite gas development, pipeline plan S&P Global, September 2, 2020
  3. Reed, Ed (2021-11-02). "Delek seeks LNG expertise amid Leviathan plans". Energy Voice. Retrieved 2022-05-26.
  4. McKay, John. "Israel's Delek rebrands as NewMed Energy to be major gas and LNG player and seeks Morocco licences". lngjournal.com. Retrieved 2022-05-26.

Related GEM.wiki articles

External resources

External articles