Energy: Israel to export gas to Egypt

More economic cooperation since 1979 peace treaty

16 December, 17:17

    TEL AVIV - Israel for the first time in its history will export natural gas, in particular to Egypt.
    Energy Minister Yuval Steinitz on Monday signed the permits that will enable operations to start in two weeks with the transfer from the installations of Tamar and Leviathan. ''The approval was decided after the official procedures on the issue were concluded'', the minister said. ''This is the most important economic cooperation between the two countries since the 1979 peace treaty''.
    ''For the first time in its history, Israel exports energy'', added Steinitz. ''The revolution of natural gas has made us become an energy power and will not only give huge revenues to the state but also a significant reduction in pollution of the air''. 

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