Egypt faces public backlash after signing $15 billion gas deal with Israel
tarek el-molla,oil minister
Shahira Amin February 23, 2018,Al-monitor
The signing of a $15 billion deal
allowing an Egyptian private sector firm to buy natural gas from Israel over the coming decade has sparked widespread controversy
on social media despite garnering enthusiastic praise from officials in both countries.
Under the deal — hailed as “historic
” by Israeli Prime Minister Benjamin Netanyahu — the Egyptian company Dolphinus Holdings would import around 64 billion cubic meters of gas over a 10-year period (starting at the end of next year) from Israeli drilling company Delek and its US partner Noble Energy, a move that Netanyahu said would strengthen Israel’s security
, economy and regional relations.
Read more: http://www.al-monitor.com/pulse/originals/2018/02/egypt-gas-deal-israel-public-anger-sisi.html#ixzz5Kggg1n2o
Read more: http://www.al-monitor.com/pulse/originals/2018/02/egypt-gas-deal-israel-public-anger-sisi.html#ixzz5Kgfd55jq