Tuesday, December 31, 2019

Israel Exports Gas to Egypt

By Micah Halpern
I've Been Thinking:

The Middle East is such a traditional region and yet, it's changing.
Israel is the cause of the change -- and it is very positive change.

Traditional ideas about energy sources were that the Arabs have it and Israel does not. For decades there were even jokes about it.

That's changing. As of mid-January, Israel will begin exporting natural gas to Egypt.

The agreement between Israel and Egypt was leaked to the media in October.

According to the details of the deal Israel will eventually provide 9 billion cubic meters of natural gas annually to Egypt. That process will begin in January of 2020.

Jordan has also signed natural gas contracts with Israel.

Our parents would never have imagined a day when Israeli companies would be providing fossil fuel energy to an Arab country.

Never would have imagined!

Micah@MicahHaplpern.com 

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