Israel Natural Gas Lines is an Israeli company active in the gas sector, to delineate the oil and gas supply chain of Israel. Israel Natural Gas Lines Co is a state-owned enterprise established in 2003 to create and operate a network of natural gas pipelines for the transmission of compressed gas through a national network to all areas of Israel. Ron Chaimovski is the chairman of the Israel Natural Gas Lines Co [1].
General Information:
- Name: Israel Natural Gas Lines
- Hebrew Name: נתיבי הגז הטבעי לישראל בע”מ
- Contact Number: +97236270400
- Website: www.ingl.co.il
- Address: Kiryat Atidim Migdal Atidim PO Box 58177
Areas of Activity:
- Transmission of compressed gas
- Pipeline construction
- Gas transportation
It is stated that the Israeli government does not directly intervene in the upstream oil and gas industry. However, based on Regulation 2592, approved by the government in 2017, the Israel Natural Gas Lines Co, a state-owned company, is responsible for establishing and operating a pipeline to connect offshore gas wells to the coast for production from small and medium fields [2].
Financial Details
Financial Statement of Israel Natural Gas Lines Company
Since this company is a state-owned entity, its financial statements are not publicly disclosed and remain inaccessible. However, one source has reported that the company’s revenue is $35.5 million [3].
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#Gas_Supply_Chain_of_Israel
Footnotes:
[1] Ron Chaimovskn of Israel Natural Gas Lines Co
[2] Oil and Gas Regulation
[3] Israel Natural Gas Lines
