**'Little Israel becomes major player in global energy market'** **In landmark deal signed in Cairo, Israel to export natural gas, via Egypt, to Europe** **Israel to send fuel to Egypt, which will liquify it for shipping; agreement will help European bloc reduce Russian energy dependence; MOU built with nod to zero emissions targets** **By TOI staff and AP, 6/15/2022**
**...** **In a joint news conference alongside European Commission chief Ursula von der Leyen and Egyptian Petroleum Minister Tarek el-Molla, Israel's Energy Minister Karine Elharrar said the deal came about in the wake of Russia’s invasion of Ukraine....**
**According to the deal, the Israeli gas will be brought via a pipeline to Egypt’s LNG terminal on the Mediterranean before being transported on tankers to the European shores.**
**Israel has two operational gas fields off its Mediterranean coast containing an estimated 690 billion cubic meters of natural gas combined, and a third offshore rig is in the works. It has already signed gas export agreements with neighboring Egypt and Jordan....** [end quote]
The article didn’t give a timeline as to when the natgas will begin to ship in large volumes.
In landmark deal signed in Cairo, Israel to export natural gas, via Egypt, to Europe Israel to send fuel to Egypt, which will liquify it for shipping…
Interesting. Back in January we read that the US president withdrew support for the underwater EastMed pipeline to bring natural gas from Israel to the European continent via Greece and Italy. www.americanenergyalliance.org/2022/01/biden-abandons-israel…
And in April:
“A planned pipeline to carry natural gas from the Eastern Mediterranean to Europe is too expensive to build and will be late to help Europe diversify its gas supply away from Russia, U.S. Under Secretary for Political Affairs Victoria Nuland said on Thursday.” https://oilprice.com/Latest-Energy-News/World-News/US-Doesnt…
“A planned pipeline to carry natural gas from the Eastern Mediterranean to Europe is too expensive to build and will be late to help Europe diversify its gas supply away from Russia, U.S. Under Secretary for Political Affairs Victoria Nuland said on Thursday.”
Not sure why this is a subject for a US government official to be commenting on…