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5 months ago





🤝 Israel and Egypt seal massive $35B gas agreement
The two countries have inked a massive $35 billion agreement for gas supplies from Israel’s Leviathan field—marking the largest gas export deal in Israel’s history.
Egypt’s domestic gas production has dropped 40% since 2021.
Key details of the deal:
🔴 Deal signed with Israeli energy giant NewMed
🔴 130 billion cubic meters of gas to be supplied by 2040
🔴 Egypt currently gets 15-20% of its gas from Israel






