Noble Energy said it was considering sending as much as 440 trillion cubic feet of natural gas per day from the Tamar field offshore Israel to a plant in Egypt. Noble and its field partners at Tamar signed a non-binding letter of intent with Union Fenosa Gas to deliver natural gas to a facility that can turn it into super-cooled liquefied natural gas. The letter of intent spells out a 15-year term for a total 2.5 trillion cubic feet of natural gas from Tamar. “This LOI with Union Fenosa Gas represents a major milestone for our Tamar asset and is indicative of the strong regional demand for natural gas,” Keith Elliot, Noble’s vice president in charge of regional operations, said in a statement Tuesday. Spanish company UFG holds an 80 percent stake in the subsidiary controlling the Damietta LNG facility in Egypt. It has […]