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Egypt Signs $35 Bn Gas Deal with Israel Amid Ongoing Genocide
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2 Articles
Egypt signs $35 bn gas deal with Israel amid ongoing genocide
Egypt has extended a massive gas deal with Israel until 2040, deepening its reliance on energy imports from its neighbour in the midst of Israel’s ongoing genocide. The agreement worth $35bn is with NewMed Energy, a partner in Israel’s Leviathan gas field, and expands a 2019 deal that originally ran for 60 billion cubic metres […] The post Egypt signs $35 bn gas deal with Israel amid ongoing genocide appeared first on 5Pillars.
Cairo: At a press conference, the Egyptian Prime Minister, Mustafa Madboli, said that the agreement with the Israeli naval partner Leviathan Field was an extension of the agreement signed in 2019, to 2040. This is the first official Egyptian comment on what the Israeli Minister of Energy said on Thursday last week regarding the signing of [...]
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