more
news

From the Field

Egypt hosts regional gas forum

CAIRO, January 15, 2019 – Israel will begin gas supplies to Egypt this spring, the country’s energy minister announced after attending the first regional gas forum organised in Cairo on Monday.

 

“I think this is the most significant economic co-operation between Egypt and Israel since the signing of the peace treaty 40 years ago,” Minister Yuval Steinitz told the Associated Press. “It brings all of us – Jordan, Israel, Cyprus, Greece, Egypt, the Palestinian authority and Italy – together.”

In addition, a strategy for supplying gas from the Eastern Mediterranean to Europe was discussed at the forum, including the USD 7-billion East Med gas pipeline designed to diversify the EU’s gas dependence on Russia.

Stay Informed