Egypt is hosting its first-ever regional gas forum with several government delegations attending, including the Israeli Energy minister, in the first such official visit since its 2011 Arab Spring uprising.
Speaking after attending the closed meeting in Cairo this afternoon, Yuval Steinitz applaudes the Egyptian initiative, saying that the discovery of gas in the Eastern Mediterranean and the establishment of an organization to coordinate its management are helping to bring countries together.
“Developing gas reserves is not just financially and environmentally beneficial, but also geopolitically and diplomatically significant,” Steinitz says in a statement issued by his office.
In a recent sign of warming ties between the former enemies, Israel will begin exporting gas to Egypt in two to three months as part of a $15 billion corporate deal signed last year, he said. The first batches will be from the Tamar field and, within 10 months, the Leviathan field which will open later this year.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From the Liveblog of
Monday, January 14, 2019
Add ToI as a Preferred Source on Google
