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Israel Signs $15 Billion Deal to Export Natural Gas to Egypt
(Ha'aretz) Noa Landau - The Israeli natural gas exploration group Delek on Monday announced two deals to sell gas to Egypt's Dolphinus Holdings over 10 years for $15 billion. The gas will come from Israel's offshore Tamar and Leviathan gas fields in the Mediterranean. Egypt has very heavy demand for natural gas for domestic use and for export as liquefied natural gas.