BDI

Israel Natural Gas Lines Ltd.

Construction and Operation of the National Natural Gas Transmission System

Profile

Founding Year 2003
Address Kiryat Atidim, Atidim Tower, P.O.B. 58177, Tel Aviv 6158101- View Map
Phone 03-6270400
Fax 03-5611320
Social Networks
Company Website www.ingl.co.il
   
   

Managers

Aya Avidor, Chairman of the Board, Israel Natural Gas Lines Ltd.

Aya Avidor

Chairman of the Board

Shmuel Turgeman, Chief Executive Officer, Israel Natural Gas Lines Ltd.

Shmuel Turgeman

Chief Executive Officer

About Israel Natural Gas Lines Ltd.


Israel Natural Gas Lines Ltd. ("INGL") is a government-owned corporation, established in 2003 to construct and operating the national natural gas transmission infrastructure. In 2004, the Minister of Energy awarded INGL a license for this purpose, under the Natural Gas Market Law, for 30 years. This national project is of extreme importance for Israel for two main reasons–first, its impact on Israel's economy and industry, and second, its contribution to improvement of environmental quality and reduction of air pollution. INGL adheres to stringent international standards in its construction and operations, and makes use of sophisticated logistic tools, advanced technologies and a wide range of international and local professional suppliers, contractors and consultants. INGL currently has 150 employees involved in planning, engineering, construction, operations, maintenance, safety, finance, business development, law and management.

Other Senior Executives

Daniel Szobel

VP – Finance and Procurements

 Shlomo Kresner

VP – Engineering

 Shlomi Ze’ira

VP – Operations

 Yair Rubinstein

VP- Business Development

 Haim Moskovitz

VP – Construction

Tal Dagan

Legal Advisor

Jay Epstein

Commercial Manager

Significant Savings for the Economy and Cleaner Air
The natural gas that INGL transports is one of the lowest cost energy sources 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 has invested more than NIS 8 billion in the system’s construction, saving the Israeli economy billions of NIS per year. Energy produced from natural gas is cleaner than other fuels such as diesel oil, fuel oil and coal, emitting fewer pollutants and greenhouse gases during combustion.

Natural Gas Pipelines Throughout Israel
The national transmission system for natural gas comprises several types of facilities:
• Stations for receiving natural gas from the reservoirs in the waters of the State of Israel. As of today, a reception station is operating in Ashdod, and during 2019, the construction of another reception station was completed near Dor Beach, which has been active since December 2019.
• A marine buoy for receiving natural gas from offloading LNG ships, about ten kilometers west of Hadera’s shores.
• Under-ground pipelines for transporting high pressure natural gas across the length and the breadth of Israel. To date, INGL has laid about 830 km of high-pressure pipelines, throughout Israel, 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; Eastern pipeline, in operation since May 17; the Jerusalem Pipeline in operation since April 2021; and an export pipeline to northern Jordan (active since December 2019).
• PRMS stations to reduce pressure and meter gas deliveries, at consumer and distribution company 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, about 70% of Israel’s electricity is generated using natural gas, which INGL delivers to 7 large power stations owned by IEC, and to independent power producers such as Dorad, Dalia, OPC, Orot Yosef and others. In addition, INGL delivers natural gas to large industrial plants in Israel, including in the Haifa Bay area, Hadera, Ramat Hovav, Mishor Rotem, and other locations throughout the country (Industrial customers include ORL, Haifa Chemicals, Adama-Makhteshim, Adama-Agan, Dead Sea Works, Mashab, Tnuva, Nilit etc.). The number of users continues to grow by the connection to natural gasof new private power plants, converted coal stations, new industrial clients and significant export to Jordan and Egypt.

INGL Develops 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 continual development, has increased. INGL continues to develop the natural gas sector, increasing the reliability and efficiency 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 segments and facilities of significant volumes, including doubling the pipelines in the North and the South as well as an underwater pipeline and subsea valve station (10 km from Dor Beach), which will enable the direct offshore connection of additional gas suppliers to the transmission system.

Converting Coal-Based Units to Natural Gas
Under the Ministry of Energy’s plan to wean Israel from polluting fuels, the project to convert the coal-fired units to natural gas has begun. Under the plan, four units at the coal-fired power plant in Ashkelon (Rotenberg Station, about 2,200 megawatts) and two units in Hadera (Orot Rabin Station, about 1,100 megawatts) will be converted, gradually, by 2024-2025. The company has completed the connection of the first unit in Rotenberg in 2022. In addition, the company completed the construction of the connection to the natural gas transmission system for 70 and 80 combined cycles at Orot Rabin (about 1,260 megawatts), replacing coal units 1-4.

Export of Natural Gas
The company promotes the export of natural gas as a significant growth engine and as a strategic arm for the State of Israel while strengthening the company’s significant contribution to strengthening geopolitical ties and increasing State revenues.
In 2017-19, INGL completed the construction of two export pipelines to Jordan, at the South of the Dead Sea region for Jordanian industrial plants and in the Bet She’an region connecting the Israeli transmission system to the Jordanian transmission system. Currently, most of Jordan’s electricity is produced by Israeli-sourced natural gas. In January 2020, INGL started to transmit natural gas to the EMG pipe near Ashkelon for the purpose of exporting natural gas to Egypt. In January 2021, the company signed a long-term agreement with Nobel Energy to establish an offshore pipeline from Ashdod to Ashkelon and increase the natural gas export to Egypt via the EMG pipeline. Construction of the pipeline is underway.

Bonds Issuance and Credit Rating
On May 30th, 2018, INGL published a prospectus for listing bonds (Series D) and was listed on the primary list of the TASE from June 7th, 2018. The company is ranked ilAA+/Positive by Ma’alot S&P. The company’s bonds are ranked ilAA+ by Ma’a lot (S&P), and Aa1.il stable forecasts by Midroog.

INGL Looks to the Future
INGL is a relatively young company, and since its inception, it has made significant changes in Israel’s energy economy. Through its vision, management team and professional staff, it has established a national transmission infrastructure to deliver natural gas across the length and the breadth of Israel. INGL continues to look forward with the hope and belief that natural gas will continue to make an important contribution to Israel’s economy, to its energetic independence, and to provide cleaner air for its people.

You may also like


47% of the contractors expect prices to continue rising

47% of the contractors expect prices to continue rising In spite of Government efforts – only 39% of the contractors expect an increase in branch’s activity this year, 47% of the contractors expect dwelling prices to continue rising, 82% of the contractors expect the collapse of construction realization companies to continue this year too.   […]

Which company Israelis think it is best to work for?

Which company Israelis think it is best to work for? Every year, as in the last 13 years, we perform the employees survey among tens of thousands of employees in Israel with the aim to analyze their satisfaction from their workplace and in parallel to examine what is important to the Israeli worker about his […]

New Trends in Israeli M&A in 2018 – Adv. Micki Shapira (Yigal Arnon & Co.)

From the resurgence of cybersecurity to deals seeking to bring cannabis firms to stock exchanges, here are the trends that shaped Israeli M&A in 2018

יחסי שליחות בדיני המס

יחסי שליחות מתקיימים כאשר צד א’ – השולח, המייפה את כוחו של צד ב’ – השלוח, לפעול בשמו ובעבורו. כך לדוגמא, במקום בו אייל לא מעוניין כי ידעו כי הוא בעל מניות בחברה, הוא מבקש מדודי להחזיק את מניותיו בעבורו.
מוסד השליחות הוסדר בישראל במסגרת חוק השליחות, תשכ”ה-1965 (להלן: “החוק”) . החוק קובע בין היתר כי כל פעולה משפטית שאין הכרח מהותי או חובה על-פי דין לבצעה באופן אישי, כשרה לשמש כנושא לשליחות.