Other Senior Executives
Gilad Shai, Advocate
Deputy CEO, Legal Counsel, and Corporate Secretary
VP – Finance and Purchasing
VP – Engineering
VP – Operations
VP – Construction
Business Development Manager
Significant Savings for the Economy, and Cleaner Air – The natural gas that INGL transports is the lowest cost energy source available to the Israeli economy, and its use significantly reduces the costs of generating electricity and energy for industrial needs. From its establishment to the present, the company invested more than NIS 6 billion in the system’s construction. Furthermore, the Israeli economy saved NIS billions per year due to the usage of natural gas. Energy produced from natural gas is cleaner than from other fuels such as diesel oil, fuel oil and coal, emitting fewer pollutants and greenhouse gases during combustion.
Natural Gas Pipelines Throughout Israel – The Israeli natural gas transmission system is composed of several systems, including: • Delivery stations located in Ashdod and Ashkelon to receive natural gas • A deep water LNG receiving terminal and mooring system to receive natural gas from floating storage and regasification vessels, located approximately 10 kilometers west of Hadera’s coastline (in operation since January 2013), and connected through an offshore line to the national transmission system • Underground pipelines for transporting high pressure natural gas around the country. To date, INGL has laid nearly 700 km of high-pressure pipelines, all over the country as detailed below: The Offshore Section, in operation since May 2006; the Central Section, in operation since May 2007; the Southern Section, in operation since November 2009; the Northern Section, in operation since April 2011; Dovrat-Ziporit Section, in operation since January 2015; Palmahim Section, in operation since February 2016; A southern export line to Jordan, in operation since January 2017; and the Eastern pipeline, in operation since May 17 • PRMS stations to reduce pressure and meter gas deliveries, located at the consumer delivery points • Block valve stations throughout the system • Facilities for operations and security, to monitor and control the network • Maintenance and logistics centers at several locations nationwide.
INGL Customers – Already, more than 60% of Israel’s electricity is generated using natural gas, which INGL delivers to eight large power stations owned by Israel Electric Corporation, and to independent suppliers. In addition, INGL delivers natural gas to large industrial plants in Israel, including in the Haifa Bay area, Ramat Hovav, Mishor Rotem, Sodom, and other locations throughout the country (Industrial customers include ORL, Haifa Chemicals, Makhteshim, Agan, Dead Sea Works, Mashab and others). The number of users continues to grow by the connection of regional lines to natural gas, as well as private power plants and new industrial clients.
INGL Strives to Develop the Natural Gas Economy – Following the discovery of significant volumes of natural gas resources off the coast of Israel, the demand for electricity generation based on natural gas, and gas sector development, has increased. It is expected that the share of natural gas in the fuels for electricity generation will reach 70% in coming years. INGL continues to develop the natural gas sector, increasing the reliability of the national transmission system, to ensure a regular supply of gas to its customers. The company is working on the construction of new gas transmission systems and facilities, with an overall cost of about NIS 2 billion over the next 5 years, including the completion of the Jerusalem transmissions pipeline, doubling pipelines in the North and the South, the completion of the northern export line to Jordan and constructing additional export lines as well as an underwater pipeline (near Dor Beach), which will enable the connection of additional gas suppliers to the transmission system.
Hadera Gas Import Terminal (LNG Buoy) – In January 2013, INGL launched the Hadera Deep-water LNG Terminal to receive natural gas from LNG tankers. The decision was made by the Minister of Energy, in May 2011, in order to make up for the temporary natural gas deficiency, created from the dwindling of existing reserves and the reduction of gas supplies from Egypt, until the arrival of the “Tamar” gas supply. The terminal provides the national transmission system with the ability to import LNG to Israel and thus creates another gateway, which augments Israel’s energy security. Using the terminal, the national transmission system can receive some 2.5 billion cubic meters per year of natural gas, representing third of today’s gas consumption. This exceptional project joins other special projects that the company is currently considering to further develop the natural gas sector, to improve the reliability and security of supply in the gas system, with an emphasis on the construction of natural gas storage for operational needs and energy crisis.
Construction of Facilities from an Ecological Standpoint and the Principles of Sustainable Development – The Company is proud of its achievements in terms of sustainable development, while making wise use of resources and technologies that enable landscape restoration and nurturing of the system areas, naturally and quickly. The Company operates within guidelines established for the restoration of the environment, doing research on the area with professionals and with environment-oriented organizations, preliminary testing to locate antiquities, defining access routes, taking into account the environmental flora and fauna, stabilizing water channels, rehabilitation and care after construction, as well as other activities with the cooperation of the Jewish National Fund, the Israel Nature and Parks Authority, and local authorities.
Credit Rating – The Company boasts a market leading credit rating, resulting from trust in the Israeli government and economic confidence in the development of the Israeli natural gas field. This is reflected in the high demand for privately-issued corporate bond issues to Israel’s leading financial institutions. The company is ranked by Moody’s and also by S&P.
INGL Looks to the Future – INGL is a young company, and over the last few years has succeeded in making significant changes in Israel’s energy economy. Through its vision and professional staff, it has established a national transmission infrastructure to deliver gas throughout the country. INGL continues to look forward with the hope and belief that natural gas will contribute to the Israeli economy and provide cleaner air for its people.
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