Arish-Ashkelon Pipeline (DFC-ARISHASHKELON)

Countries
  • Egypt
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Noble Energy International Limited
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 550.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 27, 2019

Disclosed by Bank Nov 19, 2018


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Project Description

According to bank documents, the project is the restoration, operation and maintenance of a pipeline running from Al-Arish, Egypt, to Ashkelon, Israel and the transportation via the Pipeline of natural gas from the Tamar and Leviathan gas fields offshore Israel to buyers in Egypt. 

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
  • Noble Energy International Limited -- Implementing Company
Contact Information

No contact information provided at the time of disclosure.