President says Egypt ‘scored a goal’ with Israel gas deal

CAIRO — Egypt’s president says his country “scored a goal” by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.

Abdel-Fattah el-Sissi says in televised comments on Wednesday that the project “has a lot of advantages” for Egyptians.

Delek Drilling and its US partner Noble Energy signed the agreement on Monday to sell a total of 64 billion cubic meters of gas over a 10-year period to Egyptian company Dolphinus Holdings. The gas is expected to start flowing next year.

— AP

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