Chevron and Israeli pipeline operator collaborate to inaugurate new gas pipeline to Egypt

Chevron recently announced a partnership with Israel’s state-owned pipeline operator to commence the construction of the Nitzana natural gas pipeline. This pipeline will facilitate the transport of gas from the Leviathan gasfield to Egypt. The move comes as part of Chevron’s strategy to increase gas exports to Egypt, aiming to alleviate the energy crisis in the country. Egypt has been heavily reliant on importing liquefied natural gas, leading to significant financial burdens. The Nitzana pipeline is a critical component in Chevron’s efforts to strengthen ties between Israel and Egypt by providing essential natural gas resources to the region.