Egypt, Israel to boost gas supply to European Union amid Ukraine war
2 years, 6 months ago

Egypt, Israel to boost gas supply to European Union amid Ukraine war

The Hindu  

Egypt, Israel, and the European Union on June 15 signed a deal to increase liquified natural gas sales to European Union countries, who aim to reduce dependence on supply from Russia as the war in Ukraine drags on. “The deal, stamped in a five-star Cairo hotel, will see Israel sending more gas via Egypt, which has facilities to liquify it for export via sea,” European Commission chief Ursula von der Leyen said. Israel has two operational gas fields off its Mediterranean coast containing an estimated 690 billion cubic metres of natural gas combined, and a third offshore rig is in the works. Egypt's extensive natural gas facilities on the Mediterranean have stood largely inactive since the country's 2011 uprising that toppled long-time autocrat Hosni Mubarak.

History of this topic

Turkey and Egypt aiming to extend diplomatic thaw at Cairo summit
10 months, 1 week ago
Out of gas? Egypt’s ambitions to become a regional gas hub are dwindling
1 year, 2 months ago
Israel approves increase in gas exports to Egypt
1 year, 4 months ago
Lebanon, Syria and Egypt sign deal to supply Beirut with gas
2 years, 6 months ago
Is the EU deal with Israel and Egypt a way out from Russian gas?
2 years, 6 months ago
Egypt, Israel to boost gas supply to EU amid Ukraine war
2 years, 6 months ago
EU signs gas deal with Israel, Egypt in bid to ditch Russia
2 years, 6 months ago
EU looks to east Mediterranean as gas alternative to Russia
2 years, 6 months ago

Discover Related