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Report: Israel considering $200m onshore pipeline to export more gas to Egypt

Israel is considering a $200 million project that would connect its natural gas grid with an Egyptian grid, in an attempt to boost the Jewish state’s exports, the Reuters news agency reports, citing Israel’s Energy Ministry and industry sources close to the discussions.

The new onshore pipeline, which would run through the north of the Sinai Peninsula, could be operational within 2 years, the sources say.

The Energy Ministry is quoted as saying: “Israel and Egypt are holding talks on possible cooperation in the supply of natural gas. One of the options being studied, following a request by Egypt for further natural gas supplies, is an onshore gas pipeline.”

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