Tuesday, August 10, 2021

Israeli, Egyptian energy ministers discuss natural gas trade plans

Good news! Despite the 1979 peace treaty between Egypt and Israel, progress in their relations seems slow. E.g. a closer and close economic cooperation and foreign trade between both countries could be so beneficial in so many ways!

"Energy Minister Karin Elharrar (Yesh Atid) spoke to her Egyptian counterpart, Tariq El Molla, on Monday to discuss future plans for Israeli gas to be liquefied at Egyptian natural-gas liquefaction plants for re-exportation, they said in a joint statement.
During their phone conversation, they discussed ongoing cooperation in the field of natural gas and future plans to strengthen it within the framework of the East Mediterranean Gas Form (EMGF). ...
One future initiative between Israel and Egypt would see Israel’s natural gas be liquefied in Egyptian factories and then re-exported for use.
Israel has been exporting natural gas to Egypt since January 2020 in what was seen as a historic step in the working relationship between the two countries. ..."

Israeli, Egyptian energy ministers discuss natural gas trade plans - The Jerusalem Post The two ministers discussed ongoing cooperation in the field of natural gas, and future plans to strengthen cooperation between the two countries.

No comments: