Wednesday 15 January 2020
Books – Ahmed El-Sayed:
The oil and energy ministers of Egypt and Israel announced, in a joint statement, the start of pumping natural gas from Israel to Egypt today, Wednesday.
The statement, issued by the Egyptian Ministry of Petroleum, and Masrawy obtained a copy of, said that this step represents an important development that serves the economic interests of both countries.
The statement stated that this development will enable Israel to transfer quantities of its natural gas to Europe through the Egyptian LNG factories, within the framework of Egypt’s growing role as a regional gas center.
Both ministers, Egyptian Minister of Petroleum Tariq Al Mulla, and his Israeli counterpart will announce this development during the Ministerial Conference of the Eastern Mediterranean Gas Forum, which will be held on Thursday in Cairo.
It is expected that the Egyptian, Cypriot, Israeli, Greek, Italian, Jordanian and Palestinian energy ministers will agree to establish a regional gas organization during the summit.