Confirmed: Israel to Supply Gas to Egypt - Global Agenda - News - Arutz Sheva - 1 views
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kevinobkirchner on 21 Oct 14In a 4 billion dollar deal an Israeli firm agreed to export natural gas to the Egyptian firm Dolphinus Holdings. 2.5 billion cubic meters gas will be exported from the Tamar offshore gas field in which US based Noble Energy owns 36%. The gas would be exported over the pipeline which Egypt had used to export gas to Israel before it was sabotaged 2 year ago. For more than a decade Israel had relied on Egypt for 40% of its gas under a 2005 export accord but Egypt annulled the treaty in April 2012 citing that Israel had not held up their financial obligation.