US EditionIsrael Approves Historic $35B Gas Deal with Egypt
The $35 billion deal with Egypt includes a 15-year supply from Leviathan, guarantees domestic market priority, and involves $5 billion infrastructure investment, officials said.
- On Wednesday, Prime Minister Benjamin Netanyahu approved the largest natural gas export deal in Israel's history, valued at about 112 billion shekels , committing Israel to supply gas to Egypt over 15 years via Chevron, U.S. energy firm.
- After months of delays and objections, final approval was stalled over pricing, domestic supply guarantees and diplomatic sensitivities until U.S. Energy Secretary Chris Wright canceled a visit, pushing Israel to act.
- Officials project that state revenues will include NIS 58 billion for public coffers, with Israel receiving NIS 500 million in the first four years and infrastructure investment totaling 16 billion shekels .
- The pact could ease tensions with Egypt and Netanyahu said it 'greatly strengthens Israel’s position as a regional energy power' while The White House said it would facilitate a Netanyahu–Sisi meeting if approved.
- The pact would raise supplies to Egypt to 130 billion cubic metres, supply about 25% of Egypt's electricity grid, and include a 2032 safeguard letting the Petroleum Commissioner cut exports to meet domestic demand.
95 Articles
95 Articles
Historic BDS Collapse: Netanyahu Seals $34.7 Billion Gas Deal With Egypt as Israel Racks Up Major Economic Wins
Despite Israel being in a constant state of war, and Jew-hatred reaching heights unseen since the end of World War II, and unrelenting demands to boycott, Israel is scoring massive economic wins. Israel just announced the following; Record 34.7 billion dollar gas deal with Egypt. (here) Israel secures record $6.7 billion defense export to Germany (here) Nvidia declares Israel it’s second home, with a record breaking campus investment (here) Ris…
Netanyahu Announces Approval of $35Bn Gas Deal With Egypt
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu hold a joint press conference announcing the U.S. peace plan for Gaza, Monday, September 29, 2025, in the State Dining Room of the White House. (Official White House Photo by Daniel Torok) In one of the scariest moments in modern history, we're doing our best at ScheerPost to pierce the fog of lies that conceal it but we need some help to pay our writers and staff. Please consi…
Israel approves 34 billion natural gas deal with Egypt
Israel approves $34 billion natural gas deal with Egypt. Jerusalem signs its largest-ever gas export deal with Chevron and partners, solidifying its role as a regional energy hub. The post Israel approves 34 billion natural gas deal with Egypt appeared first on Jerusalem World News.
Israel approves $35bn gas deal with Egypt
FacebookLikeShareTweetEmail Israel has approved its largest-ever natural gas export agreement with Egypt, a move that deepens Cairo’s reliance on Israeli energy supplies amid Tel Aviv’s genocide in Gaza. On December 17, Prime Minister Benjamin Netanyahu confirmed that Israel had cleared a long-term deal to supply gas to Egypt from the offshore Leviathan field. The agreement […]
Coverage Details
Bias Distribution
- 37% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
