Hadera LNG Terminal
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Hadera LNG Terminal is an LNG terminal in Sharon, Israel.
Contents
Location
Project Details
- Owner: Israel Electric Corp. (IEC)
- Location: Hadera, Haifa, Sharon, Israel
- Coordinates: 32.45, 34.916667 (approximate)
- Capacity: 3.0 mtpa[1]
- Status: Operating
- Type: Import
- Start Year: 2013
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Hadera LNG Terminal is an LNG terminal in Sharon, Israel.[2]
Hadera is a Floating Storage and Regasification Unit located six miles offshore. It is Israel's first import terminal.[3]
According to Petroleum Economist, Israel is the only country in the world where offloading of LNG is done ship-to-ship in seas. This limits the number of entities able to offload.[4]
Israel's demand for LNG increased after Egyptian supplies disrupted in 2011 and 2012 prompting improvements in LNG infastructure.[5] In 2013 Hadera LNG completed construction of a receiving buoy that transmit gas into Israel's transmission lines. The Submerged Turret Loading Buoy, is a connection point to the LNG gasification ships. The buoy can transmit 1.5 to 2 billion cubic feet of gas a year. [6]
It was reported in 2016 that the Israel government imports LNG from Trinidad for 14% less than it pays for gas from Tamar, Israel's only offshore reservoir.
Israel Gas
In 2017 natural gas provided 70% of Israel’s electric power.[7]
In 2010 Israel’s declared it would use its natural gas reserves to power cars and trucks. According to a study released August 2017 by the Samuel Neaman Institute for National Policy little has been done to pursue this strategy.[7]
Israel's demand for imported LNG began in 2011 following the disruption of Egyptian supplied gas and the depletion of the offshore Yam Tethys reservoir.[4]
Israel’s known gas reserves are 30 trillion cubic feet. The United States Geological Survey (USGS) in 2013 estimated at least twice as much could be had offshore that count meet Israel’s energy needs for the next 30 to 50 years.[8]
Reuters reported in 2013 that USGS predicts the greater eastern Mediterranean’s Levant basin could hold up to 122 trillion cubic feet of recoverable gas. This would make it one of the world’s greatest gas deposits.[9]
In August 2017 Haaretz reported that Egypt could open up its markets to Israel gas. In early August 2017 Egyptian President Abdel Fattah al-Sissi signed legislation forming a gas regulatory authority and permitting private companies to import gas.[10]
Despite Israel containing massive amounts of natural gas from its multiple gas fields, imported LNG prices have been cheaper than domestic supplies.[11]
Middle East and LNG imports
Israel is not the only country rich with gas reserves in the Middle East to import gas. Countries in one the most gas rich regions import LNG by tanker. They include Mina Al-Ahmadi LNG Terminal in Kuwait in 2009, Jebel Ali FLNG Terminal in Dubai in 2010, Hadera LNG Terminal in Israel in 2013, Jordan through Aqaba Jordan LNG Terminal in 2015, Ruwais LNG Terminal in Abu Dhabi in 2016. The city of Sharjah in the United Arab Emirates plan to import LNG in 2018. Bahrain plans to import LNG through its Bahrain Hidd FLNG Terminal in 2019. It was reported in 2017 that even Saudi Arabia is considering LNG imports.[12]
Articles and resources
References
- ↑ 2019 World Gas Report International Gas Union, accessed August 2019
- ↑ Hadera LNG Terminal, Company, accessed April 2017
- ↑ Hadera LNG Terminal, Company, accessed August 2017
- ↑ 4.0 4.1 Gina Cohen, "Israel: More gas customers, please," Petroleum Economist, September 12, 2017.
- ↑ Hedy Cohen, "What does Israel Electric Corp actually pay for gas?," Globes, April 10, 2016.
- ↑ Sharon Udasin, "LNG Gas To Start Flowing Into Israel," The Jerusalem Post, January 23, 2013.
- ↑ 7.0 7.1 Oren Dori read more: https://www.haaretz.com/.premium-1.804672, [ https://www.haaretz.com/.premium-1.804672 "Israeli Government Failing to Encourage Natural Gas Use in Transport Sector,"] Haaretz, August 2, 2017.
- ↑ Martin Fletcher, "Israel’s Big Gusher," Slate, February 26, 2014.
- ↑ Reuters Staff, "Gazprom banks on floating terminal for Israeli LNG," Reuters, February 27, 2013.
- ↑ Eran Azran, "Egypt Clears the Way for Imports of Israeli Natural Gas," Haaretz, August 9, 2017.
- ↑ Israel Electric grabs three LNG cargoes from BP, LNG World News, accessed August 2017
- ↑ Robin M. Mills, "The great gasification wave has passed," LiveMint, August 17, 2017.
