Egypt and Israel ink 'historic' gas accord, Von der Leyen

Cairo Memorandum for supply to EU, including hydrogen

15 June, 14:30

    (ANSAmed) - CAIRO, JUNE 15 - Israeli energy minister Karine Elharrar said Wednesday in Cairo that, "today we are making history. Today Egypt and Israel have made a commitment to share their natural gas with Europe and to help with the energy crisis." She was speaking at a ceremony for the signing of a Memorandum of Understanding (MoU) on the sidelines of the seventh ministerial meeting of the Eastern Mediterranean Gas Forum (EMGF) in the presence of European Commission president Ursula von der Leyen.

    Von der Leyen also called the agreement "historic", noting that "we are creating an infrastructure" that will have to be ready also for the "transportation of tomorrow's clean energy", referring to hydrogen.

    It is a "milestone in collaboration between Egypt, Israel and the European Union", added Egyptian oil minister Tarek El-Molla.

    "We are paving a new road of partnership, solidarity, and sustainability", said Elharrar.

    "We know the enormous wealth and opportunities that exist in energy sources in the eastern Mediterranean," the EU Commission president said, adding that: "the gas pipeline from Israel to Egypt obviously transports gas but must also be ready for hydrogen, since we know that hydrogen will be the energy resource of the future".

    "We are currently developing an ambitious project with Egypt for hydrogen that I see as a first step towards a broad Mediterranean agreement," she added.

    "We will start our partnership on hydrogen with Egypt at COP-27," Von der Leyen said in referring to the UN conference on climate change that will this year be held in November in the Egyptian city of Sharm El-Sheikh.

    (ANSAmed).

    © Copyright ANSA - All rights reserved