Netanyahu announces approval of gas deal with Egypt
Prime Minister Benjamin Netanyahu announced on Wednesday that Israel has approved a major gas agreement with Egypt, paving the way for a possible meeting between Netanyahu and Egyptian President Abdel Fattah el-Sisi in Florida later this month.
The deal is valued at NIS 112 billion ($30 billion), with NIS 58 billion expected to flow into state revenues. Netanyahu said the agreement strengthens Israel’s status as a regional energy power, contributes to regional stability, and encourages further investment in gas exploration in Israel’s economic waters.
Kan.org.il is the Hebrew news website of the The Israeli Public Broadcasting Corporation
Popular Articles
Receive latest news & updates
Latest Stories
