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Egypt Considering Importing Natural Gas from Israel

(JNS.org) Egyptian Minister of Petroleum Sherif Ismail said that Egypt is considering importing natural gas from Israel to alleviate its shortage of the resource. “Anything can happen. Whatever achieves the best interests of Egypt, and of the Egyptian economy and the role of Egypt in the region… that will determine the decision to import gas from Israel,” Ismail told the state-owned Al Mussawar magazine, Reuters reported. Private companies are reportedly already negotiating to bring Israeli gas to Egypt, but any agreement will need to be approved on the government level. In recent years, the two countries have found themselves increasingly working together against terrorism in Egypt’s Sinai Peninsula. The Israeli company Delek Drilling has estimated that if an agreement is signed, gas can begin flowing from Israel to Egypt in 2017.

 

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