|
Trending Topics
|
Source: https://www.al-monitor.com/pulse/originals/2021/02/egypt-israel-gas-agreement-leviathan-eastmed.html
How Egypt Benefits from Gas Agreement with Israel
(Al-Monitor) Ahmed Gomaa - Egypt and Israel agreed on Feb. 21 to connect Israel's offshore Leviathan natural gas field to liquefied natural gas (LNG) facilities in Egypt via an underwater pipeline in order to meet an increasing European demand for natural gas. Former Egyptian petroleum minister Osama Kamal told Al-Monitor that Egypt has two LNG stations which have been idle or run at less than full capacity since 2011. "Additional gas supplies would mean that stations would normally resume operations, which would lead to economic benefits and create jobs."