20 Feb
7:07 PM
Israeli gas fields in the Mediterranean will soon be providing gas exports to Egypt as a part of a 10-year, $15 billion deal announced on Monday.
According to the PNN, Israeli gas excavation companies Delek Drilling and Noble Energy will export roughly seven-billion cubic-meters of gas annually from drilling platforms in the Mediterranean, namely the Leviathan and Tamar gas fields, to Egyptian Company Dolphin Energy for the duration of the deal.
In a public statement posted online, Israeli Prime Minister Benjamin Netanyahu praised the deal, adding that it would strengthen security, economy, and regional relationships.
Some have …
Read the full article at: http://imemc.org/article/egypt-and-israel-sign-15-billion-gas-deal/
