Israel Pumps Natural Gas to Egypt

Wednesday, 15th January 2020
by Fatma Ahmed

DOHUK, IRAQ, MAY 31: An employee works at the Tawke oil field near the town of Zacho on May 31, 2009 in Dohuk province about 250 miles north of Baghdad, Iraq. The Iraqi autonomous region of Kurdistan began crude oil exports on June 1, 2009 for the first time from two major oil fields, piping around 90,000 barrels per day (bpd). (Photo by Muhannad Fala’ah/Getty Images)

The Egyptian Minster of Petroleum and Mineral Resources, Tarek El Molla, and the Israeli Minister of Energy, Yuval Steinitz, announced that Israel began to pump natural gas to Egypt as of January 15, according to a press release.

This announcement is considered to be an important development which serve the economic interests of both countries and enable Israel to transfer natural gas to Europe through Egypt’s liquefaction plants in light of Egypt’s role to be natural gas regional hub.

According to the statement, the two ministries will announce this update in the ministerial conference of the Eastern Mediterranean Gas Forum (EMGF), which will be held on January 16 in Cairo.

It is expected that the Energy ministries of Egypt, Cyprus, Israel, Greece, Italy, Jordon, and Palestine will approve the establishment of a regional organization for natural gas during the summit that will be held.