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Egyptian-Israeli gas deal to boost bilateral trade



A USD15 billion deal has been announced between Israel and Egypt to export natural gas. Israel’s Delek Group has signed an agreement to supply 64 billion cubic meters of gas in a span of ten years to Egypt’s Dolphinus Holdings.

The deal is considered a milestone ever since the 1979 peace accord, bringing Egypt a step closer to becoming a regional energy hub.

However, the transportation of natural gas from Israel to Egypt is a challenge given the security risks.

Will the Egypt-Israel gas export deal usher in a relationship of bonhomie and economic co-operation?

Read more here: https://www.spireresearch.com/newsroom/spirethoughts/egyptian-israeli-gas-deal-to-boost-bilateral-trade/




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  1. jonathan30 January 2019 at 18:42

    It was a great news come from Israel. Egyptian-Israeli gas deal help to boost bilateral trade. Thanks for sharing news
    Delek Drilling

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