An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea west of Israel's port city of Ashdod February 25, 2013. REUTERS/Amir Cohen
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
An Egyptian company will buy $15 billion of Israeli natural gas in two 10-year agreements announced Monday, marking a major export deal that Israel hopes will strengthen diplomatic ties.The partners in Israel's Tamar and Leviathan offshore gas fields said they have signed with private Egyptian firm Dolphinus Holdings to supply a total of around 64 billion cubic meters of gas over a decade – with half coming from each field and the proceeds split equally between them. An Egyptian government official, who declined to be identified, said the deal did not mean Egypt itself would import any gas from abroad.The means of delivering the gas to Egypt still needs to be settled.
FOLLOW THIS ARTICLE