Tag #Gas Deal

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es.euronews.com

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Aug 19, 13:20

Israel to Triple Gas Exports to Egypt Under New $35 Billion Deal

Israel and Egypt signed a deal for Egypt to purchase 130 billion cubic meters of Israeli natural gas by 2040, worth $35 billion, significantly expanding on a 2019 agreement and tripling Israel's gas exports by 2028.

Israel to Triple Gas Exports to Egypt Under New $35 Billion Deal

Israel and Egypt signed a deal for Egypt to purchase 130 billion cubic meters of Israeli natural gas by 2040, worth $35 billion, significantly expanding on a 2019 agreement and tripling Israel's gas exports by 2028.

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How does this expanded gas deal impact Israel's energy production capacity and export strategy?

The agreement modifies a 2019 deal, significantly increasing gas exports from 60 billion cubic meters to 130 billion. This expansion allows Israel to boost natural gas production for Asian and European markets while securing Egypt's energy supply.

jpost.com

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Mar 14, 01:10

Qatar to Supply Syria with Gas, Boosting Power Supply

Qatar will provide Syria with natural gas via Jordan, boosting its electricity supply by 400 megawatts daily, a move approved by the US and representing a significant shift in Qatar's policy toward Syria's new rulers.

Qatar to Supply Syria with Gas, Boosting Power Supply

Qatar will provide Syria with natural gas via Jordan, boosting its electricity supply by 400 megawatts daily, a move approved by the US and representing a significant shift in Qatar's policy toward Syria's new rulers.

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What are the underlying factors driving this gas deal, including the roles of the US, Jordan, and Gulf states?

This gas deal, approved by the US, follows political backing from Gulf states and aims to provide tangible aid to Syria's new rulers. The initiative is funded by Qatar's development fund and will utilize existing infrastructure, the Arab Gas Pipeline. This represents a significant departure from Qatar's previous stance against Bashar al-Assad.

arabic.euronews.com

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Aug 8, 01:16

Record $35 Billion Gas Deal Between Israel and Egypt

Israel's NewMed Energy signed a $35 billion deal to supply Egypt with 130 billion cubic meters of natural gas from the Leviathan field by 2040, addressing Egypt's energy crisis and reducing reliance on LNG imports, with initial deliveries starting in 2026.

Record $35 Billion Gas Deal Between Israel and Egypt

Israel's NewMed Energy signed a $35 billion deal to supply Egypt with 130 billion cubic meters of natural gas from the Leviathan field by 2040, addressing Egypt's energy crisis and reducing reliance on LNG imports, with initial deliveries starting in 2026.

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How does this deal reflect Egypt's energy challenges and its evolving relationship with Israel?

This agreement transforms the energy landscape between Israel and Egypt, solidifying Israel's role as a major gas supplier to its neighbor. Egypt's decreased domestic gas production (down 42% since March 2021) and its increased reliance on Israeli gas (currently 15-20% of consumption) are key drivers of this agreement. The deal will lessen Egypt's need for LNG imports, impacting the global energy market.

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