September 2019, Vol. 246, No. 9

Global News

Israel Expects to Begin Gas Exports to Egypt By Year End

Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt and expects to begin exports by year end.  That schedule was reaffirmed by Israeli Energy Minister Yuval Steinitz, who told Reuters in late July that gas exports to Egypt would begin within four months. The timing is linked to the start of production from Israel’s Leviathan natural gas field. Gas flows to Egypt will mark the start of a landmark $15 billion export agreement that has been called the most significant deal to emerge since the neighbors made peace in 1979. Egypt hopes to leverage its strategic location and well-developed infrastructure to become a key international trading and distri

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