Israel’s first gas export goes to Egypt

Israel began pumping natural gas from its Leviathan and Tamar offshore fields on Wednesday to Egypt, its first customer under a $15bn, 15-year deal. The gas will be re-exported to Europe via Egypt’s gas liquefaction plants. In a joint statement, Egypt’s petroleum ministry and the Israeli energy minister Yuval Steinitz hailed the deal as an “important development that serves the economic interests of both countries.”

 

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6 thoughts on “Israel’s first gas export goes to Egypt

  • Jan 15, 2020 @ 14:22 at 14:22
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    One step closer to METO (Middle East Treaty Organization).

    Reply
  • Jan 15, 2020 @ 15:24 at 15:24
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    great to see a process without turkish participation. would like to see if anything the continuing dissolution of the ottoman empire.

    Reply
  • Jan 15, 2020 @ 16:34 at 16:34
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    Impressively smart Egyptians. Way to go Egypt!

    I say it is time for Iran to start building some pyramids, this way in 2-3 thousands years they reach the same level like Egypt. Build now and smarten up tomorrow, don’t be a perpetual mullah.

    Reply
    • Jan 15, 2020 @ 17:42 at 17:42
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      All gas in the Med is totally turkish gas!
      Up to 16 km inshore.
      However, our great Recep The Gas Man has plans for extending the turkish exclusive economic zone up to 200 km inshore, subject to negotiations for very slim and thin countries.

      Reply

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