UK's Energean inks 15-year transmission deal for Israeli gas pipeline

Core Insights - Energean, a British gas producer, has signed a 15-year transmission agreement for the Nitzana pipeline to Egypt, which is part of a broader $4 billion Israeli gas off-take strategy [1] Group 1 - The transmission agreement is aimed at facilitating the export of Israeli gas to Egypt, enhancing regional energy cooperation [1] - The Nitzana pipeline is a significant infrastructure project that will support the transportation of natural gas, contributing to energy security in the region [1] - This agreement aligns with Energean's strategic focus on expanding its operations and market presence in the Eastern Mediterranean [1]