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Israel Approves $37 Billion Deal to Deliver Gas to Egypt...
18 Dec, 2025 08:11 256 min read
Israel has granted final approval for a historic $37 billion deal to significantly expand natural gas exports to Egypt, a move Prime Minister Netanyahu hailed as the country's largest gas agreement. The deal, involving energy companies like Chevron, is expected to generate about $18 billion in state revenue and strengthen Israel's position as a regional energy power. Netanyahu stated the agreement would also contribute to regional stability and include safeguards to maintain affordable energy prices domestically. The gas will be supplied from Israel's major offshore fields, which are central to its own energy security and electricity generation.... More