Thursday, June 16, 2022

EU, Egypt, And Israel Agree To Export Israeli Liquefied Natural Gas To Europe

EU Commission President Ursula von der Leyen, left, Egyptian Minister of Petroleum Tarek El-Molla, center, and Israeli Minister of Energy Karine Elharrar celebrate after signing a deal to boost East Mediterranean gas exports to Europe, in Cairo, Egypt, June 15, 2022.  

VOA: EU, Egypt, Israel Agree to Export Israeli Liquified Natural Gas to Europe  

Cairo — Egypt, Israel and the European Union signed a gas deal Wednesday in which Egypt will export Israeli liquified natural gas to Europe via two Egyptian LNG plants. 

The memorandum of understanding was inked at the East Mediterranean Gas Forum in Cairo, expanding upon gas cooperation among the three partners. 

Representatives of participants at the gas forum applauded announcement of the deal. Egypt is the only country in the gas forum to have plants that can produce liquified natural gas.  

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WNU Editor: This is just a memorandum of understanding. It will be years before Israeli natural gas finds its way to Europe. And even then it may not happen. Israeli officials have made it very clear in the past that the priority customer for this natural gas will be Israel itself. 

EU, Egypt, And Israel Agree To Export Israeli Liquefied Natural Gas To Europe  

Egypt, Israel to boost gas supply to EU amid Ukraine war -- AP  

EU Signs Gas Deal With Egypt, Israel To End 'Dependency' On Russia -- IBTimes/AFP  

EU, Israel and Egypt sign deal to boost East Med gas exports to Europe -- Reuters  

Israel, Egypt, EU sign initial gas export agreement -- Jerusalem Post

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