Egypt and Israel discuss natural gas industry cooperation

Egypt and Israel discuss natural gas industry cooperation
An Egyptian gas plant in Suez. (Reuters)
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Updated 10 August 2021
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Egypt and Israel discuss natural gas industry cooperation

Egypt and Israel discuss natural gas industry cooperation
  • Egypt may liquefy Israeli natural gas for re-export

CAIRO: Egyptian Petroleum Minister Tarek El-Molla and Israeli Energy Minister Karen El-Harr discussed future plans regarding receiving Israeli gas to be processed in Egyptian natural gas liquefaction plants for re-export.

This came during telephone talks held by the Egyptian and Israeli Ministers of Petroleum and Energy, during which they discussed the ongoing cooperation between the two sides in the field of natural gas.

According to a joint press statement, cooperation was discussed within the framework of the East Mediterranean Gas Forum, where the two ministers stressed the necessity and importance of strengthening bilateral and multilateral cooperation between members of the forum to unlock the full potential of gas in the region.

The Egyptian Minister of Petroleum said that strengthening bilateral and multilateral cooperation in the field of natural gas between the members of the Eastern Mediterranean Gas Forum will have a fundamental impact and will extend beyond the eastern Mediterranean region.

The Israeli Minister of Energy stressed that Egypt is an important partner for Israel in all fields, where geographical proximity, in addition to the similarity of environmental characteristics, gives this cooperation in the energy sector great importance.

“I hope that this cooperation with Tarek El-Molla will achieve success in benefiting from the capabilities and expertise of each country, with the aim of achieving energy security for all the people of the region,” El-Harr said.