Chevron Corp. (NYSE:CVX) has signed a deal with Israel Natural Gas Lines, Israel’s state-owned pipeline operator, to begin construction of the Nitzana natural gas pipeline that will transport natural gas from the giant Leviathan Gas Field to Egypt. Founded in 1992, Ratio Energy is one of Israel's leading energy partnerships, with a mission to develop and produce natural gas and oil. Egypt's natural gas production has declined rapidly over the years due to the natural depletion of mature fields, including the Zohr gas field. Last year, Egypt imported a record 981 million cubic feet per day of natural gas from Israel, good for 18.2% year-over-year increase. The gas is then piped to shore into the Israeli national grid and distributed to clients in Israel, Egypt, and Jordan.