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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