DUN'S 100 - 2016

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Electricity, Infrastructure &
Energy
542
2016 | DUN’S 100 DUN’S 100 | 2016
DUN’S 100 | 2016 2016 | DUN’S 100
Industrial Companies 128 6 Electricity Producers & Infrastructures
RANK
Israel Natural Gas Lines Ltd. (INGL)
Israel Natural Gas Lines Ltd. (“INGL”) is a gov-
ernment owned corporation, established in
2003 for the construction and operation of the
national natural gas transmission infrastructure. In
2004, the Minister of Energy andWater Resources
awarded the company a license for a period of 30
years. This national project is of extreme impor-
tance for Israel from two standpoints - its impact
on Israel’s economy and industry, and its contri-
bution to improvement of environmental quality
and reduction of air pollution. INGL adheres to
the most stringent international standards in its
construction and operations, and makes use of
sophisitcated logistic tools, advanced technolo-
gies and a wide range of international professional
contractors and consultants. INGL currently has
100 employees involved in planning, engineer-
ing, construction, operations, maintenance and
management.
Significant Savings for the Economy and
Cleaner Air
The natural gas that INGL transports is the lowest
cost energy source available to the Israeli econ-
omy, and its use significantly reduces the costs
of generating electricity and energy for industrial
needs. From INGL’s establishment in 2003 to the
present, the Israeli economy has saved on average
more than $2 billion per year. 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 combus-
tion. Natural Gas Pipelines Throughout Israel – The
Israeli natural gas transmission system is com-
posed by a number of systems, including:
• Delivery stations located in Ashdod and Ash-
kelon to receive natural gas delivered on behalf
of shippers by suppliers upstream • A deep wa-
ter 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 opera-
tion since January 2013), and connected through
an offshore line to the national transmission sys-
tem • Underground pipelines for transporting
high pressure natural gas around the country.
To date, INGL has laid approximately 530 km of
high-pressure pipelines, in 6 major sections as
detailed below: The Offshore Section, in operation
since May 2006; the Central Section, in operation
since May 2007; the Southern Section, in opera-
tion since November 2009; the Northern Section,
in operation since April 2011; Dovrat-Ziporit Sec-
tion, in operation since January 2015; Palmahim
Section, in operation since February 2016 • PRMS
stations to reduce pressure and meter gas deliv-
eries, located at the consumer delivery points •
Block valve stations throughout the system • Fa-
cilities for operations and security, to monitor and
control the network • Maintenance and logistics
centers at several locations nationwide.
INGL Customers
Already, about half of the electricity in the country
is generated using natural gas, which INGL deliv-
ers to eight large power stations owned by Israel
Electric Corporation, and to independent power
producers. In addition, INGL delivers natural gas
to large industrial plants in Israel, including in the
Haifa Bay area, Ramat Hovav, Mishor Rotem, So-
dom, and other locations throughout the country
(Industrial customers include ORL, Haifa Chemi-
cals, Makhteshim, Agan, DeadSeaWorks, Mashab
and others). Extension of the system to small and
medium consumers is ongoing, by means of 6
new regional distribution companies which have
recently been awarded licenses.
INGL Continues Its Efforts to Develop the Natu-
ral 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 in-
creased. It is expected that the share of natural
gas in the basket of 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.
INGL’s development plan includes additional gas
facilities at a cost of NIS 1.5 billion, including the
establishment of the 90 km/36” Eastern Pipeline
between Ramle and Eliakim, a new pipeline to
Jerusalem, looping parts of the existing system
and additional sections as required to connect
new customers.
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 to build the terminal
was made by the Minister of Energy and Water
Resources in May 2011, in order to find a way
to bridge a temporary undersupply of natural
gas created by the gap between the depletion of
exist-ing reservoirs, coupled with damage to the
supply of gas from Egypt, and the arrival of gas
from the “Tamar” reservoir. The terminal provides
the national transmission system with the ability
to import LNG to Israel and thus creates another
gateway, that augments Isreal’s energy security.
Using the terminal, the national transmission sys-
tem can receive some 2.5 billion cubic me ters/
year of natural gas, representing third of today’s
gas needs. This exceptional project joins other
special projects that the company is currently con-
sidering to further develop the natural gas sector,
to improve reliability to improve reliability and to
security of supply in the gas system.
Credit Rating
The Company boasts a market leading credit rat-
ing, 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.
Esta b l i s h e d
2003
L i n e o f B u s i n ess
Construction and Operation of the
National Natural Gas Transmission
System
Ot h e r Se n i o r E x ecu t i v es
Gilad Shai Adv., VP Legal and Administration, Corporate Secretary
Daniel Szobel VP Finance and Purchasing
Shlomo Kresner VP Engineering
Shlomi Ze’ira VP Operations
Haim Moskovitz VP - Construction
Jay Epstein Business Development Manager
Kiryat Atidim, Atidim Tower, P.O.B. 58177,
Tel Aviv 6158101
Tel: 972-3-6270400
Fax:972-3-5611320
Shmuel Tordjman
CEO